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Can the composition of energy use in an expanding economy be altered by consumers’ responses to technological change?

Karen Turner, Gioele Figus, Kim Swales, Lisa Ryan and Et Al.

Open Access publications from School of Economics, University College Dublin

Abstract: Technological change is necessary for economies to grow and develop. This paper investigates how this technological change could be directed in order to simultaneously reduce carbon-intensive energy use and deliver a range of economic benefits. Using both partial and general equilibrium modelling, we consider improvements in the efficiency in the delivery of electricity as an increasingly low carbon option in the UK. We demonstrate how linking this to policy action to assist and encourage households to substitute away from more carbon-intensive gas- to electricity-powered heating systems may change the composition of energy use, and implied emissions intensity, but not the level of the resulting economic expansion.

Keywords: Technological change; CGE models; Multiple benefits; Rebound (search for similar items in EconPapers)
Pages: 19 pages
Date: 2019-07
New Economics Papers: this item is included in nep-cmp, nep-ene, nep-env and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in: The Energy Journal, 40(4) 2019-07

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http://hdl.handle.net/10197/10840 Open Access version, 2019 (application/pdf)

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Journal Article: Can the Composition of Energy Use in an Expanding Economy be Altered by Consumers Responses to Technological Change? (2019) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:oapubs:10197/10840

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