Michael Giberson The significance of the “rebound effect” remains a matter of some debate. (The rebound effect is the frequently observed tendency for energy efficiency improvements to increase consumer use of the now more efficient good or service). Recently the Institute for Energy Research published Robert Michaels’s survey of rebound effects. In the study, Michaels concluded: Properly …
Michael Giberson John Tierney’s column, “When Energy Efficiency Sullies the Environment,” in the New York Times examines the rebound effect and some of the broader consequences of trying to promote conservation through policies inducing energy efficiency. Some of the biggest rebound effects occur when new economic activity results from energy-efficient technologies that reduce the cost …
Michael Giberson Tom Konrad explains, “When it Makes Sense to Worry About Jevons Paradox, and When it Doesn’t.” Konrad highlights the critical point – whether demand for the good in question is elastic or inelastic – and suggests that the demand for electric power is relatively inelastic and therefore the demand for lighting is inelastic, hence …
Michael Giberson The current issue of The Economist reports on research that concluded “making lighting more efficient could increase energy use, not decrease it.” SOLID-STATE lighting, the latest idea to brighten up the world while saving the planet, promises illumination for a fraction of the energy used by incandescent or fluorescent bulbs. A win all …
The Economist: Making Lighting More Efficient Could Increase Energy Use Read More »
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