Advanced Search
MyIDEAS: Login

The impact of DOE building technology energy efficiency programs on U.S. employment, income, and investment

Contents:

Author Info

  • Scott, Michael J.
  • Roop, Joseph M.
  • Schultz, Robert W.
  • Anderson, David M.
  • Cort, Katherine A.
Registered author(s):

    Abstract

    The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE) analyzes the macroeconomic impacts of its programs that are designed to increase the energy efficiency of the U.S. residential and commercial building stock. The analysis is conducted using the Impact of Sector Energy Technologies (ImSET) model, a special-purpose 188-sector input-output model of the U.S. economy designed specifically to evaluate the impacts of energy efficiency investments and saving. For the analysis described in the paper, ImSET was amended to provide estimates of sector-by-sector capital requirements and investment. In the scenario of the Fiscal Year (FY) 2005 Building Technologies (BT) program, the technologies and building practices being developed and promoted by the BT program have the potential to save about 2.9 - 1015Btu in buildings by the year 2030, about 27% of the expected growth in building energy consumption by the year 2030. The analysis reported in the paper finds that, by the year 2030, these savings have the potential to increase employment by up to 446,000 jobs, increase wage income by $7.8 billion, reduce needs for capital stock in the energy sector and closely related supporting industries by about $207 billion (and the corresponding annual level of investment by $13 billion), and create net capital savings that are available to grow the nation's future economy.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.sciencedirect.com/science/article/B6V7G-4PP2CVP-1/2/780617af885f15939d7544b2003bf8b3
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Elsevier in its journal Energy Economics.

    Volume (Year): 30 (2008)
    Issue (Month): 5 (September)
    Pages: 2283-2301

    as in new window
    Handle: RePEc:eee:eneeco:v:30:y:2008:i:5:p:2283-2301

    Contact details of provider:
    Web page: http://www.elsevier.com/locate/eneco

    Related research

    Keywords:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Peter Berck & Sandra Hoffmann, 2002. "Assessing the Employment Impacts of Environmental and Natural Resource Policy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 133-156, June.
    2. Kaiser, Mark J. & Olatubi, Williams O. & Pulsipher, Allan G., 2005. "Economic, energy, and environmental impact of the Louisiana Energy Fund," Energy Policy, Elsevier, vol. 33(7), pages 873-883, May.
    3. Kaiser, Mark J. & Pulsipher, Allan G. & Baumann, Robert H., 2004. "The potential economic and environmental impact of a Public Benefit Fund in Louisiana," Energy Policy, Elsevier, vol. 32(2), pages 191-206, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Ludovico Alcorta & Morgan Bazilian & Giuseppe De Simone & Ascha Pedersen, 2012. "Return on Investment from Industrial Energy Efficiency: Evidence from Developing Countries," Working Papers 2012.35, Fondazione Eni Enrico Mattei.
    2. Alfredo Marvão Pereira & Rui Manuel Marvão Pereira, 2008. "Is Fuel-Switching a No-Regrets Environmental Policy? VAR Evidence on Carbon Dioxide Emissions, Energy Consumption and Economic Performance in Portugal," Economics Working Papers 05_2008, University of Évora, Department of Economics (Portugal).
    3. Alfredo Pereira & Rui Pereira, 2010. "On the potential economic costs of cutting carbon dioxide emissions in Portugal," Portuguese Economic Journal, Springer, vol. 9(3), pages 211-222, December.
    4. Jürgen Blazejczak & Frauke G. Braun & Dietmar Edler & Wolf-Peter Schill, 2011. "Economic Effects of Renewable Energy Expansion: A Model-Based Analysis for Germany," Discussion Papers of DIW Berlin 1156, DIW Berlin, German Institute for Economic Research.
    5. Markaki, M. & Belegri-Roboli, A. & Michaelides, P. & Mirasgedis, S. & Lalas, D.P., 2013. "The impact of clean energy investments on the Greek economy: An input–output analysis (2010–2020)," Energy Policy, Elsevier, vol. 57(C), pages 263-275.
    6. Arazmuradov, Annageldy, 2011. "Energy consumption and carbon dioxide environmental efficiency for former Soviet Union economies. evidence from DEA window analysis," MPRA Paper 36903, University Library of Munich, Germany, revised 24 Feb 2012.
    7. Carley, Sanya & Lawrence, Sara & Brown, Adrienne & Nourafshan, Andrew & Benami, Elinor, 2011. "Energy-based economic development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 282-295, January.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:30:y:2008:i:5:p:2283-2301. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.