A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India
This article provides a comparative analysis of Energy efficiency policies in the US, China, and India. During the analysis, all policies were divided into 4 main groups: administrative, economic, production/industrial, and information policies. The study found that energy efficiency policies in th...
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| Format: | Article |
| Language: | English |
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EconJournals
2023-01-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://econjournals.com/index.php/ijeep/article/view/13790 |
| _version_ | 1797918423714365440 |
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| author | Svetlana Revinova Konstantin Gomonov |
| author_facet | Svetlana Revinova Konstantin Gomonov |
| author_sort | Svetlana Revinova |
| collection | DOAJ |
| description |
This article provides a comparative analysis of Energy efficiency policies in the US, China, and India. During the analysis, all policies were divided into 4 main groups: administrative, economic, production/industrial, and information policies. The study found that energy efficiency policies in the US, China, and India are positively associated with reduced energy intensity. The primary role of the state is to form common goals, adopt legislative and regulatory frameworks, implement state programs, and develop financial support mechanisms for the fulfilment of tasks. This confirms our analysis. The share of administrative policies in the US and China was 76%, and India 60%. In our view, strengthening energy efficiency information policies can play an important role in achieving the goals. The results of the study showed that China is now pursuing a more centralized policy, although the examples of the United States and India show that measures taken in individual states have great potential. In our opinion, the complementarity of the policies pursued will provide a synergistic effect and allow countries to achieve their energy efficiency goals.
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| first_indexed | 2024-04-10T13:29:09Z |
| format | Article |
| id | doaj.art-72156837d121403d8f49f8ddb5802699 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-04-10T13:29:09Z |
| publishDate | 2023-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-72156837d121403d8f49f8ddb58026992023-02-15T16:11:44ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532023-01-0113110.32479/ijeep.13790A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and IndiaSvetlana Revinova0Konstantin Gomonov1Department of Economic and Mathematical Modelling, Peoples’ Friendship University of Russia (RUDN University), 6 Miklukho- Maklaya Street, Moscow, 117198, Russian Federation.Department of Economic and Mathematical Modelling, Peoples’ Friendship University of Russia (RUDN University), 6 Miklukho- Maklaya Street, Moscow, 117198, Russian Federation. This article provides a comparative analysis of Energy efficiency policies in the US, China, and India. During the analysis, all policies were divided into 4 main groups: administrative, economic, production/industrial, and information policies. The study found that energy efficiency policies in the US, China, and India are positively associated with reduced energy intensity. The primary role of the state is to form common goals, adopt legislative and regulatory frameworks, implement state programs, and develop financial support mechanisms for the fulfilment of tasks. This confirms our analysis. The share of administrative policies in the US and China was 76%, and India 60%. In our view, strengthening energy efficiency information policies can play an important role in achieving the goals. The results of the study showed that China is now pursuing a more centralized policy, although the examples of the United States and India show that measures taken in individual states have great potential. In our opinion, the complementarity of the policies pursued will provide a synergistic effect and allow countries to achieve their energy efficiency goals. https://econjournals.com/index.php/ijeep/article/view/13790energy efficiencyenergy saving policyrenewable energyUSAChinaIndia |
| spellingShingle | Svetlana Revinova Konstantin Gomonov A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India International Journal of Energy Economics and Policy energy efficiency energy saving policy renewable energy USA China India |
| title | A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India |
| title_full | A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India |
| title_fullStr | A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India |
| title_full_unstemmed | A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India |
| title_short | A Comparative Analysis of Government Policies to Promote Energy Efficiency in the US, China, and India |
| title_sort | comparative analysis of government policies to promote energy efficiency in the us china and india |
| topic | energy efficiency energy saving policy renewable energy USA China India |
| url | https://econjournals.com/index.php/ijeep/article/view/13790 |
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