Is There an Energy Efficiency Gap?

Many analysts have argued that energy efficiency investments offer an enormous “win-win” opportunity to both reduce negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock with two types of market failures: first, uninternalized...

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Bibliographic Details
Main Authors: Alcott, Hunt, Greenstone, Michael
Format: Working Paper
Published: Cambridge, MA: Department of Economics, Massachusetts Institute of Technology 2012
Subjects:
Online Access:http://hdl.handle.net/1721.1/69591