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Recent controversy suggests that energy e$ciency policies used to reduce carbon emissions might actually increase overall energy consumption. The result would be an unintended increase in carbon emissions. This paper examines the underlying issues of this so-called `rebound e!ecta from both a historical perspective and through the results of a recent macroeconomic analysis completed for the United States. Depending on the assumptions of income and price elasticities, as well as the supply/demand interactions within a macroeconomic model, the rebound e!ect might reduce overall savings by about 2}3% compared to a pure engineering analysis. In other words, an economy-wide, cost-e!ective engineering savings of 30% might...
Strong and effective systems of governance are required to steer energy finance towards the fulfilment of policy goals around energy security, energy poverty and sustainability. This article assesses and explains the nature of the contemporary governance of energy finance. It first provides a typology and analysis of the different governance dimensions associated with: (i) the public governance of public finance; (ii) the public governance of private finance; and (iii) the private governance of private finance. It then identifies and seeks to account for key cross-cutting trends in these patterns of governance. Overall, while it finds evidence of significant activity in each of these areas, there remains a substantial...
Recent controversy suggests that energy e$ciency policies used to reduce carbon emissions might actually increase overall energy consumption. The result would be an unintended increase in carbon emissions. This paper examines the underlying issues of this so-called `rebound e!ecta from both a historical perspective and through the results of a recent macroeconomic analysis completed for the United States. Depending on the assumptions of income and price elasticities, as well as the supply/demand interactions within a macroeconomic model, the rebound e!ect might reduce overall savings by about 2}3% compared to a pure engineering analysis. In other words, an economy-wide, cost-e!ective engineering savings of 30% might...
Energy and mineral development, particularly coalbed natural gas development, is proceeding at a rapid pace in the Powder River Structural Basin (PRB) in northeastern Wyoming. Concerns about the potential effects of development led to formation of an interagency working group of primarily Federal and State agencies to address these issues in the PRB in Wyoming and in Montana where similar types of resources exist but are largely undeveloped. Under the direction of the interagency working group, an ecological assessment of streams in the PRB was initiated to determine the current status (2005-06) and to establish a baseline for future monitoring. The ecological assessment components include assessment of stream habitat...
Recent controversy suggests that energy e$ciency policies used to reduce carbon emissions might actually increase overall energy consumption. The result would be an unintended increase in carbon emissions. This paper examines the underlying issues of this so-called `rebound e!ecta from both a historical perspective and through the results of a recent macroeconomic analysis completed for the United States. Depending on the assumptions of income and price elasticities, as well as the supply/demand interactions within a macroeconomic model, the rebound e!ect might reduce overall savings by about 2}3% compared to a pure engineering analysis. In other words, an economy-wide, cost-e!ective engineering savings of 30% might...
Recent controversy suggests that energy e$ciency policies used to reduce carbon emissions might actually increase overall energy consumption. The result would be an unintended increase in carbon emissions. This paper examines the underlying issues of this so-called `rebound e!ecta from both a historical perspective and through the results of a recent macroeconomic analysis completed for the United States. Depending on the assumptions of income and price elasticities, as well as the supply/demand interactions within a macroeconomic model, the rebound e!ect might reduce overall savings by about 2}3% compared to a pure engineering analysis. In other words, an economy-wide, cost-e!ective engineering savings of 30% might...
Recent controversy suggests that energy e$ciency policies used to reduce carbon emissions might actually increase overall energy consumption. The result would be an unintended increase in carbon emissions. This paper examines the underlying issues of this so-called `rebound e!ecta from both a historical perspective and through the results of a recent macroeconomic analysis completed for the United States. Depending on the assumptions of income and price elasticities, as well as the supply/demand interactions within a macroeconomic model, the rebound e!ect might reduce overall savings by about 2}3% compared to a pure engineering analysis. In other words, an economy-wide, cost-e!ective engineering savings of 30% might...