Addressing Market Barriers to Energy Efficiency in Buildings: Working Paper 2012-10

David Austin ()

No 43476, Working Papers from Congressional Budget Office

Abstract: A large share of total U.S. energy consumption—40 percent—occurs in homes and buildings. Homes and buildings are less energy efficient than they would be if people could assess the value of energy savings more easily and correctly, and if energy prices provided them with stronger incentives to do so. This paper identifies three reasons why people undervalue energy savings: misperceived energy prices, imperfect information about energy efficiency, and biased reasoning about energy savings. The paper then examines four types of policy options for addressing those underlying

Date: 2012-08-23
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.cbo.gov/sites/default/files/workingpap ... gPaper_2012-10_0.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbo:wpaper:43476

Access Statistics for this paper

More papers in Working Papers from Congressional Budget Office Contact information at EDIRC.
Bibliographic data for series maintained by ().