Careful with your energy efficiency program! It may ‘rebound’!
نویسندگان
چکیده
منابع مشابه
General Equilibrium Rebound from Improved Energy Efficiency
Energy efficiency improvements “rebound” when economic responses undercut their direct energy savings. I develop an analytic general equilibrium framework that allows improvements in energy efficiency to affect output prices and factor prices. I show that general equilibrium channels typically amplify rebound and make it more likely that improvements in efficiency end up increasing total energy...
متن کاملGeneral Equilibrium Rebound from Energy Efficiency Policies ∗
I study the general equilibrium implications of large-scale policies to improve energy efficiency, which are being implemented around the world to mitigate climate change. Energy efficiency policies “rebound” when economic responses undercut their direct energy savings. I develop an analytic general equilibrium framework that allows improvements in energy efficiency to affect output prices and ...
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Energy efficiency policies are pursued as a way to provide affordable and sustainable energy services. Efficiency measures that reduce energy service costs will free up resources that can be spent in the form of increased consumption—either of that same good or service or of other goods and services that require energy (and that have associated emissions). This is called the rebound effect. The...
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Intuitively it seems obvious to most observers that increasing energy efficiency will ultimately reduce demand for an energy resource such as electricity. Paradoxically, economic theory suggests that this decrease in demand and subsequent decrease in cost of using the resource could cause a rebound in demand. A commonly cited example is an increase in the efficiency of home air conditioning whi...
متن کاملEnergy Conservation More Effective With Rebound Policy
This article sketches the problem of indirect energy use effects, also known as rebound, of energy conservation. There is widespread support for energy conservation, especially when it is voluntary, as this seems a cheap way to realize environmental and energy-climate goals. However, this overlooks the phenomenon of rebound. The topic of energy rebound has mainly attracted attention from energy...
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ژورنال
عنوان ژورنال: Clean Technologies and Environmental Policy
سال: 2015
ISSN: 1618-954X,1618-9558
DOI: 10.1007/s10098-015-1002-1