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Policy Instruments to Foster Energy Efficiency

Listed author(s):
  • Anil Markandya

    ()

    (Basque Centre for Climate Change (Bilbao, Spain))

  • Xavier Labandeira

    ()

    (Economics for Energy and Universidade de Vigo)

  • Ana Ramos

    ()

    (Economics for Energy and Universidade de Vigo)

In this paper we focus on the reasons why progress in terms of realizing the energy efficiency potential has been so limited. To being with we consider why individuals and firms do not take advantage of the benefits of increased energy efficiency. Then we turn to the role of policy in moving agents closer to the optimal level. Governments have a range of instruments at their disposal for doing so and while some of them have been successful other have not. Lessons can be learnt from the experience in implementing these different measures. The paper finishes with some thoughts on how policies can be made more effective. Given its overarching nature the paper should be seen as an introduction to the rest of the book where many of the different instruments for energy efficiency are discussed in greater detail.

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File URL: http://eforenergy.org/docpublicaciones/documentos-de-trabajo/WP01-2014.pdf
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Paper provided by Economics for Energy in its series Working Papers with number 01-2014.

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Length: 22 pages
Date of creation: Oct 2013
Handle: RePEc:efe:wpaper:01-2014
Contact details of provider: Web page: http://eforenergy.org

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