Energy efficiency, market failures, and government policy

Levine, '; Koomey, Jonathan; McMahon, James E.; Sanstad, Alan H.; Hirst, Eric

doi:10.2172/10146704

Cited by 43 publications

(10 citation statements)

References 27 publications

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“…In contrast, some literature on utility-based DSM informational programs (6,111) claims that, in general, labeling programs are fairly ineffective, partly because of a lack of retail compliance with EnergyGuide requirements [e.g., in 2001, the FTC found that in 70 of 144 U.S. showrooms inspected some or all products were unlabeled (112)]. Thorne & Egan (111) suggest redesigning EnergyGuide labels and discuss successful international programs.…”

Section: Product Labeling Requirement (Energyguide)mentioning

confidence: 99%

Energy Efficiency Policies: A Retrospective Examination

Gillingham

Newell

Palmer

2006

Annu. Rev. Environ. Resour.

236

145

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■ Abstract We review literature on several types of energy efficiency policies: appliance standards, financial incentive programs, information and voluntary programs, and management of government energy use. For each, we provide a brief synopsis of the relevant programs, along with available existing estimates of energy savings, costs, and cost-effectiveness at a national level. The literature examining these estimates points to potential issues in determining the energy savings and costs, but recent evidence suggests that techniques for measuring both have improved. Taken together, the literature identifies up to four quads of energy savings annually from these programs-at least half of which is attributable to appliance standards and utility-based demand-side management, with possible additional energy savings from the U.

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Section: Product Labeling Requirement (Energyguide)mentioning

confidence: 99%

Energy Efficiency Policies: A Retrospective Examination

Gillingham

Newell

Palmer

2006

Annu. Rev. Environ. Resour.

236

145

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“…this, there may be other market failures which mean that measures which appear to be privately optimal to install are not taken up (see Levine et al, 1994 andLinares andLabanderia, 2010). Of particular interest for this study are two economic market failures:…”

Section: The Rationale For Government Interventionmentioning

confidence: 99%

People or places? Factors associated with the presence of domestic energy efficiency measures in England.

Leicester

Stoye

2013

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract We use English household-level survey data from 1996 to 2010 to explore whether economic market failures play a significant role in explaining the presence of energy efficiency measures (loft insulation, cavity wall insulation and full double glazing) in residential properties. There appears to be a limited role for credit constraints as proxied by income, receipt of means-tested benefits or educational attainment. Private renters are significantly less likely to own efficiency measures suggesting that failures in the landlordtenant relationship in the private-rented sector are a key barrier to uptake. More broadly, we find that it is the characteristics of the dwelling rather than those of the occupants which are the most significant explanatory factors. Our results suggest that well-targeted policies to encourage take-up of efficiency measures could focus on private landlords, long-term owner occupiers, those in older properties and those using non-metered fuels as their main heating source. However the key target groups vary across different efficiency measures. Terms of use: Documents in

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“…Proponents of the need for public policies to promote energy efficiency point to a variety of market barriers that keep private investments from producing socially desirable levels of investment in energy efficiency (Blumstein et al 1980;Carlsmith et al 1990;Levine et al 1994). See following box.…”

Section: Energy-efficiency Programs To Capture Energy-efficiency Oppomentioning

confidence: 99%