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

Louis-Gaëtan Giraudet, Céline Guivarch and Philippe Quirion

The Energy Journal, 2011, vol. 32, issue 1_suppl, 213-242

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. doi: 10.5547/ISSN0195-6574-EJ-Vol32-SI1-12

Date: 2011
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Journal Article: Comparing and Combining Energy Saving Policies: Will Proposed Residential Sector Policies Meet French Official Targets? (2011)
Working Paper: Comparing and combining energy saving policies: Will proposed residential sector policies meet French official targets ? (2011)
Working Paper: Comparing and combining energy saving policies: Will proposed residential sector policies meet French official targets ? (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:32:y:2011:i:1_suppl:p:213-242

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

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