IAEE Members and subscribers to The Energy Journal: Please log in to access the full text article or receive discounted pricing for this article.

Comparing and Combining Energy Saving Policies: Will Proposed Residential Sector Policies Meet French Official Targets?

Abstract:
This paper assesses the impact of French policies for residential space-heating energy consumption, both enacted (tax credits for the purchase of energy efficient durables, soft loans for retrofitting actions, stringent building codes) and anticipated (carbon tax, retrofitting obligation). It uses a hybrid energy-economy model incorporating specific features of energy conservation, notably the rebound effect and some "barriers" to energy efficiency such as split incentives and imperfect information. Forward-looking simulations show that (i) stand-alone policies improve the energy efficiency of the building stock but, with the exception of carbon tax, generate a rebound effect; (ii) interactions among instruments are roughly additive; (iii) a combination of all policies fails to meet Government conservation targets.

Purchase ( $25 )

Energy Specializations: Energy Modeling – Sectoral Energy Demand & Technology; Energy Efficiency; Energy and the Environment – Policy and Regulation

JEL Codes: Q41: Energy: Demand and Supply; Prices, Q48: Energy: Government Policy, Q54: Climate; Natural Disasters and Their Management; Global Warming

DOI: 10.5547/ISSN0195-6574-EJ-Vol32-SI1-12

Published in Volume 32, Special Issue of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

© 2024 International Association for Energy Economics | Privacy Policy | Return Policy