Energy efficiency mandates have ‘rebound effect’
IER Study: Folly of directing energy policy through regulation
By Institute for Energy Research -- Bio and Archives--July 13,2012
Global Warming-Energy-Environment | Comments | Back To Full Article
WASHINGTON D.C. — The Institute for Energy Research released today a new study by IER Senior Fellow and Professor of Economics at Cal State University, Robert Michaels, detailing the ‘rebound effect’ of energy efficiency regulations. The report summarizes recent findings on ‘rebounds’ — the idea that the more efficient an appliance is, the more people will use it and thus negate the efficiency gains — and explores the global consequences of greater energy usage, particularly in the developing world.
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