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Energy Impoverishment: Addressing Capitalism's New Driver of Inequality

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  • Lynne Chester

Abstract

A rapidly growing number of households are suffering from energy impoverishment caused by escalating electricity prices, low income, and poor housing energy efficiency. Many households are experiencing considerable hardship in paying energy bills. This manifestation of inequality has followed the global restructuring of electricity sectors, and its incidence has become widespread across Europe, the UK, the US, New Zealand, and Australia. Current policy measures generally resemble "retrospective compensation" rather than addressing the root cause of the problem. This paper argues for a new policy approach that reconfigures electricity price formation in order to address this increasingly embedded social phenomenon.

Suggested Citation

  • Lynne Chester, 2014. "Energy Impoverishment: Addressing Capitalism's New Driver of Inequality," Journal of Economic Issues, Taylor & Francis Journals, vol. 48(2), pages 395-404.
    • Handle: RePEc:mes:jeciss:v:48:y:2014:i:2:p:395-404
    DOI: 10.2753/JEI0021-3624480213
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    Cited by:

    1. Belaïd, Fateh & Youssef, Adel Ben & Lazaric, Nathalie, 2020. "Scrutinizing the direct rebound effect for French households using quantile regression and data from an original survey," Ecological Economics, Elsevier, vol. 176(C).
    2. Nepal, Rabindra & Foster, John, 2015. "Electricity networks privatization in Australia: An overview of the debate," Economic Analysis and Policy, Elsevier, vol. 48(C), pages 12-24.
    3. Nelson, Tim & Dodd, Tracey, 2023. "Contracts-for-Difference: An assessment of social equity considerations in the renewable energy transition," Energy Policy, Elsevier, vol. 183(C).
    4. Gordon, Ross & Harada, Theresa & Spotswood, Fiona, 2022. "The body politics of successful ageing in the nexus of health, well-being and energy consumption practices," Social Science & Medicine, Elsevier, vol. 294(C).
    5. Nelson, Tim & McCracken-Hewson, Eleanor & Sundstrom, Gabby & Hawthorne, Marianne, 2019. "The drivers of energy-related financial hardship in Australia – understanding the role of income, consumption and housing," Energy Policy, Elsevier, vol. 124(C), pages 262-271.
    6. Stojilovska, Ana & Guyet, Rachel & Mahoney, Katherine & Gouveia, João Pedro & Castaño-Rosa, Raúl & Živčič, Lidija & Barbosa, Ricardo & Tkalec, Tomislav, 2022. "Energy poverty and emerging debates: Beyond the traditional triangle of energy poverty drivers," Energy Policy, Elsevier, vol. 169(C).

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