000202116 001__ 202116
000202116 005__ 20250221175611.0
000202116 0247_ $$2doi$$a10.22004/ag.econ.202116
000202116 037__ $$a824-2016-54864
000202116 041__ $$aeng
000202116 084__ $$aQ4
000202116 084__ $$aQ48
000202116 084__ $$aQ5
000202116 084__ $$aQ55
000202116 245__ $$aAn Assessment of the Energy-Efficiency Gap and Its Implications for Climate Change Policy
000202116 260__ $$c2015-04-20
000202116 269__ $$a2015-04-20
000202116 270__ $$mrobert_stavins@hks.harvard.edu$$pStowe,   Robert C.
000202116 300__ $$a35
000202116 336__ $$aWorking or Discussion Paper
000202116 490__ $$aCCSD
000202116 490__ $$a028.2015
000202116 520__ $$aImproving end-use energy efficiency—that is, the energy-efficiency of individuals, households, and firms as they consume energy—is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that energy-efficient technologies will save end users money over time and thereby provide low-cost or no-cost options for reducing GHG emissions. However, some research suggests that energy-efficient technologies appear not to be adopted by consumers and businesses to the degree that would seem justified, even on a purely financial basis. We review in this paper the evidence for a range of explanations for this apparent “energy-efficiency gap.” We find most explanations are grounded in sound economic theory, but the strength of empirical support for these explanations varies widely. Retrospective program evaluations suggest the cost of GHG abatement varies considerably across different energy-efficiency investments and can diverge substantially from the predictions of prospective models. Findings from research on the energy-efficiency gap could help policy makers generate social and private benefits from accelerating the diffusion of energy-efficient technologies—including reduction of GHG emissions.
000202116 546__ $$aEnglish
000202116 650__ $$aEnvironmental Economics and Policy
000202116 650__ $$aResource/Energy Economics and Policy
000202116 6531_ $$aEnergy Efficiency
000202116 6531_ $$aClimate Change Policy
000202116 700__ $$aGerarden, Todd D.
000202116 700__ $$aNewell, Richard G.
000202116 700__ $$aStavins, Robert N.
000202116 700__ $$aStowe, Robert C.
000202116 8564_ $$9ab1cfe99-54c5-49da-bc0e-2c38fc1bf40a$$s1250937$$uhttps://ageconsearch.umn.edu/record/202116/files/NDL2015-028.pdf
000202116 887__ $$ahttp://purl.umn.edu/202116
000202116 909CO $$ooai:ageconsearch.umn.edu:202116$$pGLOBAL_SET
000202116 912__ $$nSubmitted by Andrea Portaluppi (andrea.portaluppi@feem.it) on 2015-04-20T14:37:54Z
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  Previous issue date: 2015-04-20
000202116 913__ $$aLicense granted by Andrea Portaluppi (andrea.portaluppi@feem.it) on 2015-04-20T14:34:47Z (GMT):

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000202116 980__ $$a824
000202116 982__ $$gFondazione Eni Enrico Mattei (FEEM)>Climate Change and Sustainable Development