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Performative Struggles and Theory–Practice Decoupling in the Design and the Implementation of a Market-Based Instrument: French Tradable Certificates for Energy Efficiency

Thomas Reverdy ()
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Thomas Reverdy: PACTE - Pacte, Laboratoire de sciences sociales - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes - IEPG - Sciences Po Grenoble-UGA - Institut d'études politiques de Grenoble - UGA - Université Grenoble Alpes

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Abstract: The design and implementation of the French energy efficiency certificate provides an opportunity to test the hypothesis of the performativity of the economic theory associated with the cap-and-trade market-based instrument. The empirical study of its design and implementation, through interviews and regulatory analysis, reveals a progressive dynamic of decoupling from its initial principles, in particular the equivalence between the quantity of energy saved and the allocation of certificates. Recent adaptations of the instrument attempt to integrate an alternative definition of efficiency based on cost estimation and subsidy allocation. By focusing on calculation practices, this chapter contributes to the understanding of performative struggles and theory-practice decoupling associated with market-based instruments. The chapter identifies four conditions for theory-practice decoupling: competing theories of efficiency, attachment to the instrument, a new principle of action, and weak checks on conformity to theory.

Keywords: Performativity; performative struggles; energy markets; decoupling (search for similar items in EconPapers)
Date: 2024-11
New Economics Papers: this item is included in nep-ene
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-04821615v2
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Published in Susi Geiger; Katy Mason; Neil Pollock; Philip Roscoe; Annmarie Ryan; Stefan Schwarzkopf; Pascale Trompette. Market Studies: Mapping, Theorizing and Impacting Market Action, Cambridge University Press, pp.114-126, 2024, 9781009413961. ⟨10.1017/9781009413961.010⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-04821615

DOI: 10.1017/9781009413961.010

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