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Comparing and combining energy saving policies: Will proposed residential sector policies meet French official targets ?

Louis-Gaëtan Giraudet, Céline Guivarch and Philippe Quirion

CIRED Working Papers from HAL

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.

Keywords: Residential heating; Energy conservation; Tax; Subsidy; Regulation; Policy interaction; taxe; maîtrise de l'énergie; subvention; réglementation; interaction des politiques; chauffage des bâtiments (search for similar items in EconPapers)
Date: 2011-07
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00866424
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Journal Article: Comparing and Combining Energy Saving Policies: Will Proposed Residential Sector Policies Meet French Official Targets? (2011) Downloads
Working Paper: Comparing and combining energy saving policies: Will proposed residential sector policies meet French official targets ? (2011) Downloads
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