So What If There Were a Larger and More Sustained Energy Efficiency Effort across the Economy, What Would be the Impact? Research Briefing 03

Fiona Riddoch, Karen Turner, Gioele Figus

Research output: Book/ReportOther report

Abstract

The real challenge of positive economic impacts is to those policy makers who are working hard to develop sustainable energy savings. As disposable household income is spent, additional energy is consumed as the economy seeks to meet increased demand for goods and services. Over time this can erode the initial absolute energy savings of the original initiative. Thus, a key challenge in the near term is to better understand this type of economic rebound effect and its impact on net energy savings. Improving our understanding of how people use this income released by lower energy bills will allow energy policy makers to better forecast net energy efficiency outcomes and to better accommodate economic growth, while retaining energy savings and carbon reductions.
LanguageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Number of pages2
Publication statusPublished - 30 Nov 2016

Fingerprint

energy saving
Energy efficiency
Energy conservation
energy
efficiency
economy
disposable income
Economic and social effects
Economics
Energy policy
energy policy
household income
economic impact
bill
economic growth
income
Carbon
demand
economics

Keywords

  • rebound effects
  • energy savings
  • energy efficiency
  • fuel poverty
  • economic impacts
  • CO2 savings
  • household energy use
  • energy policy

Cite this

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title = "So What If There Were a Larger and More Sustained Energy Efficiency Effort across the Economy, What Would be the Impact? Research Briefing 03",
abstract = "The real challenge of positive economic impacts is to those policy makers who are working hard to develop sustainable energy savings. As disposable household income is spent, additional energy is consumed as the economy seeks to meet increased demand for goods and services. Over time this can erode the initial absolute energy savings of the original initiative. Thus, a key challenge in the near term is to better understand this type of economic rebound effect and its impact on net energy savings. Improving our understanding of how people use this income released by lower energy bills will allow energy policy makers to better forecast net energy efficiency outcomes and to better accommodate economic growth, while retaining energy savings and carbon reductions.",
keywords = "rebound effects, energy savings, energy efficiency, fuel poverty, economic impacts, CO2 savings, household energy use, energy policy",
author = "Fiona Riddoch and Karen Turner and Gioele Figus",
note = "A policy briefing published in collaboration with the Centre on Innovation and Energy Demand, University of Sussex.",
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publisher = "University of Strathclyde",

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AB - The real challenge of positive economic impacts is to those policy makers who are working hard to develop sustainable energy savings. As disposable household income is spent, additional energy is consumed as the economy seeks to meet increased demand for goods and services. Over time this can erode the initial absolute energy savings of the original initiative. Thus, a key challenge in the near term is to better understand this type of economic rebound effect and its impact on net energy savings. Improving our understanding of how people use this income released by lower energy bills will allow energy policy makers to better forecast net energy efficiency outcomes and to better accommodate economic growth, while retaining energy savings and carbon reductions.

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