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Energy efficiency: Economics and Policy

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  • Xavier Labandeira

    (Rede (Universidade de Vigo) and Economics for Energy)

  • Pedro Linares

    (Universidad Pontificia Comillas and Economics for Energy)

Abstract

Energy efficiency and conservation are major factors in the reduction of environmental impact of the energy sector, particularly with regard to climate change. Energy efficiency also contributes to reducing external dependence and vulnerabilities in the energy domain. In this paper we discuss the factors that influence energy efficiency and conservation decisions, and the most appropriate policies for their promotion. Although not all public policies seem justified, we argue that specific policies for promoting energy conservation may be required, preferably based on economic instruments or on the provision of information to consumers.

Suggested Citation

  • Xavier Labandeira & Pedro Linares, 2010. "Energy efficiency: Economics and Policy," Working Papers 05-2010, Economics for Energy.
    • Handle: RePEc:efe:wpaper:05-2010
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    More about this item

    Keywords

    Energy efficiency; energy; environment; public policy;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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