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The energy costs of historic preservation

Christian Hilber, Charles Palmer, Edward Pinchbeck
Authors registered in the RePEc Author Service: Edward Pinchbeck, Charles Edward Palmer () and Christian Hilber ()

No 281, GRI Working Papers from Grantham Research Institute on Climate Change and the Environment

Abstract: We explore the impact of historic preservation policies on domestic energy consumption. Using panel data for England from 2006 to 2013 and employing a fixed effects strategy, we document that (i) rising national energy prices induce an increase in home energy efficiency installations and a corresponding reduction in energy consumption and (ii) this energy saving effect is significantly less pronounced in Conservation Areas and in areas with high concentrations of Listed Buildings, where the adoption of energy efficiency installations is typically more costly and sometimes legally prevented altogether. The energy costs of preservation are substantial

New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
Date: 2017-10
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Related works:
Working Paper: The Energy Costs of Historic Preservation (2017) Downloads
Working Paper: The energy costs of historic preservation (2017) Downloads
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