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Comparing and Combining Energy Saving Policies: Will Proposed Residential Sector Policies Meet French Official Targets?

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  • Louis-Gaëtan Giraudet, Céline Guivarch, and Philippe Quirion

Abstract

This paper assesses the impact of French policies for residential space-heating energy consumption, both enacted (tax credits for the purchase of energy efficient durables, soft loans for retrofitting actions, stringent building codes) and anticipated (carbon tax, retrofitting obligation). It uses a hybrid energy-economy model incorporating specific features of energy conservation, notably the rebound effect and some "barriers" to energy efficiency such as split incentives and imperfect information. Forward-looking simulations show that (i) stand-alone policies improve the energy efficiency of the building stock but, with the exception of carbon tax, generate a rebound effect ; (ii) interactions among instruments are roughly additive ; (iii) a combination of all policies fails to meet Government conservation targets.

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Bibliographic Info

Article provided by International Association for Energy Economics in its journal The Energy Journal.

Volume (Year): Volume 32 (2011)
Issue (Month): Special Issue ()
Pages:

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Handle: RePEc:aen:journl:32si1-a12

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  1. Sue Wing, Ian, 2006. "Representing induced technological change in models for climate policy analysis," Energy Economics, Elsevier, vol. 28(5-6), pages 539-562, November.
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Cited by:
  1. Oskar Lecuyer & Ruben Bibas, 2011. "Combining Climate and Energy Policies: Synergies or Antagonism? Modeling Interactions With Energy Efficiency Instruments," Working Papers 2011.98, Fondazione Eni Enrico Mattei.
  2. repec:hal:ciredw:hal-00866408 is not listed on IDEAS
  3. repec:hal:ciredw:hal-01016399 is not listed on IDEAS
  4. Oskar Lecuyer & Ruben Bibas, 2011. "Combining climate and energy policies: synergies or antagonisms?," Post-Print hal-00801917, HAL.
  5. Frédéric Branger & Louis-Gaëtan Giraudet & Céline Guivarch & Philippe Quirion, 2014. "Sensitivity analysis of an energy-economy model of the residential building sector," Working Papers hal-01016399, HAL.
  6. repec:hal:wpaper:hal-00866408 is not listed on IDEAS

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