The Compatibility of Economic Theory and Proactive Energy Efficiency Policy [An article from: The Electricity Journal]

This digital document is a journal article from The Electricity Journal, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
Energy efficiency and economic progress are not mutually exclusive. But the presence of market failures means that achieving optimal investment in energy efficiency necessitates innovative policy intervention. Research into emerging post-neoclassical economic thought may reveal that the opportunity for gain in economically beneficial energy efficiency is greater than traditional economic models would indicate.