Energy-efficient housing stimulus that pays for itself
AbstractThis paper describes an energy-efficient housing stimulus strategy that can: (1) quickly provide large-scale job creation; (2) reduce home energy bills by 30-50% with associated reductions in emissions and energy assistance spending; (3) stabilize home values and reduce foreclosure inventory; (4) help to eliminate childhood lead poisoning; and (5) implement regulatory reforms that highlight market incentives for cost effective energy efficiency and alternative home energy investments. These benefits, far in excess of costs, can be achieved by combining "lead-safe window replacement" with other weatherization activities and simple regulatory and market reforms. This strategy can help to coordinate American Recovery and Reinvestment Act funding for energy efficiency, the $75 billion Making Home Affordable plan to reduce foreclosures, and the recently announced partnership between the Departments of Energy (DOE) and Housing and Urban Development (HUD) to streamline weatherization efforts and spur job creation.
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Bibliographic InfoArticle provided by Elsevier in its journal Energy Policy.
Volume (Year): 38 (2010)
Issue (Month): 1 (January)
Contact details of provider:
Web page: http://www.elsevier.com/locate/enpol
Energy efficiency Cost benefit analysis Lead poisoning;
Other versions of this item:
- Nevin, Rick, 2009. "Energy efficient housing stimulus that pays for itself," MPRA Paper 35341, University Library of Munich, Germany.
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
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.:
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- Nevin, Rick & Jacobs, David / E., 2006. "Windows of opportunity: lead poisoning prevention, housing affordability, and energy conservation," MPRA Paper 35342, University Library of Munich, Germany.
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