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Energy efficiency: Economics and Policy

  • Xavier Labandeira


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

  • Pedro Linares


    (Universidad Pontificia Comillas and Economics for Energy)

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.

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Paper provided by Economics for Energy in its series Working Papers with number 05-2010.

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Length: 28 pages
Date of creation: Nov 2010
Date of revision:
Handle: RePEc:efe:wpaper:05-2010
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