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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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Suggested Citation

  • Louis-Gaëtan Giraudet, Céline Guivarch, and Philippe Quirion, 2011. "Comparing and Combining Energy Saving Policies: Will Proposed Residential Sector Policies Meet French Official Targets?," The Energy Journal, International Association for Energy Economics, vol. 0(Special I).
  • Handle: RePEc:aen:journl:32si1-a12
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    References listed on IDEAS

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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 antagonisms?," Post-Print hal-00801917, HAL.
    2. Dorothée Charlier & Anna Risch & Claire Salmon, 2016. "Reducing the Energy Burden of the Poor and Greenhouse Gas Emissions: Can We Kill Two Birds with One Stone?," Working Papers hal-01385470, HAL.
    3. repec:eee:enepol:v:106:y:2017:i:c:p:376-381 is not listed on IDEAS
    4. repec:eee:ecolec:v:143:y:2018:i:c:p:294-313 is not listed on IDEAS
    5. Frédéric Branger & Oskar Lecuyer & Philippe Quirion, 2013. "The European Union Emissions Trading System : should we throw the flagship out with the bathwater ?," CIRED Working Papers hal-00866408, HAL.
    6. Frédéric Branger & Louis-Gaëtan Giraudet & Céline Guivarch & Philippe Quirion, 2015. "Global sensitivity analysis of an energy-economy model of the residential building sector," Working Papers 2015.06, FAERE - French Association of Environmental and Resource Economists.
    7. Frédéric Branger & Louis-Gaëtan Giraudet & Céline Guivarch & Philippe Quirion, 2014. "Sensitivity analysis of an energy-economy model of the residential building sector," CIRED Working Papers hal-01016399, HAL.
    8. Charlier, Dorothée & Risch, Anna & Salmon, Claire, 2018. "Energy Burden Alleviation and Greenhouse Gas Emissions Reduction: Can We Reach Two Objectives With One Policy?," Ecological Economics, Elsevier, pages 294-313.
    9. 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.

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    JEL classification:

    • F0 - International Economics - - General

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