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Recent Evidence for Large Rebound: Elucidating the Drivers and their Implications for Climate Change Models

Abstract:
New research using data spanning centuries reveals the presence of very large energy efficiency rebound magnitudes, calling into question the energy use forecasts relied on by international bodies investigating climate change mitigation policy. This article uses those recent results to highlight and explain the key drivers that future energy modelers need to incorporate.

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Energy Specializations: Energy Modeling – Energy Data, Modeling, and Policy Analysis; Energy Efficiency; Energy and the Economy –Economic Growth and Energy Demand; Energy and the Economy

JEL Codes:
E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Q55 - Environmental Economics: Technological Innovation
O13 - Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Q43 - Energy and the Macroeconomy

DOI: 10.5547/01956574.36.1.2

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Published in Volume 36, Number 1 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.