|Appears in Collections:||Economics Journal Articles|
|Peer Review Status:||Refereed|
|Title:||The impact of a stimulus to energy efficiency on the economy and the environment: A regional computable general equilibrium analysis|
McGregor, Peter G
Swales, J Kim
Regional computable general equilibrium
Energy Efficiency (incl. Buildings)
|Citation:||Hanley N, McGregor PG, Swales JK & Turner K (2006) The impact of a stimulus to energy efficiency on the economy and the environment: A regional computable general equilibrium analysis, Renewable Energy, 31 (2), pp. 161-171. https://doi.org/10.1016/j.renene.2005.08.023.|
|Abstract:||Sustainable development is a key objective of UK national and regional policies. Improvements in resource productivity have been suggested as both a measure of progress towards sustainable development and as a means of achieving sustainability. Making 'more with less' intuitively seems to be good for the environment, and this is the presumption of current UK policy. However, in a system-wide context, improvements in energy efficiency lower the cost of energy in efficiency units and may even stimulate the consumption and production of energy measured in physical units, and increase pollution. Simulations of a computable general equilibrium model of Scotland suggest that an across the board stimulus to energy efficiency there would actually stimulate energy production and consumption and lead to a deterioration in environmental indicators. The implication is that policies directed at stimulating energy efficiency are not, in themselves, sufficient to secure environmental improvements: this may require the use of complementary energy policies designed to moderate incentives to increased energy consumption.|
|Rights:||The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.|
|Turner_2006_The_impact_of_a_stimulus.pdf||Fulltext - Published Version||123.85 kB||Adobe PDF||Under Embargo until 2999-12-06 Request a copy|
Note: If any of the files in this item are currently embargoed, you can request a copy directly from the author by clicking the padlock icon above. However, this facility is dependent on the depositor still being contactable at their original email address.
This item is protected by original copyright
Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.
If you believe that any material held in STORRE infringes copyright, please contact email@example.com providing details and we will remove the Work from public display in STORRE and investigate your claim.