Is there a rebound effect in the search for energy efficiency in Sub-Saharan Africa?
Auguste K. Kouakou and
Nibontenin Soro
Chapter 12 in Handbook on Energy and Economic Growth, 2024, pp 254-276 from Edward Elgar Publishing
Abstract:
Improving energy efficiency is key to energy security and climate change concerns. However, this strategy may be confronted with the existence of a rebound effect due to energy efficiency gains. The objective of this paper is to analyze firstly the environmental effect of energy efficiency and secondly, to estimate the energy rebound effect in Sub-Saharan Africa. Based on the GMM method, the results show that an improvement in energy efficiency decreases GHG and CO2 emissions through its direct effect and increases it through its indirect influence. Thus, it is possible that energy savings gains are accompanied by the existence of a rebound effect. The magnitude of this rebound effect has been estimated and evaluated at 94.35% over the period 2000 to 2019 and at 92.93% and 95.39% respectively in the sub-periods 2000-2010 and 2011-2019.
Keywords: Development Studies; Economics and Finance; Environment (search for similar items in EconPapers)
Date: 2024
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