energy use
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Can a Small Nudge Make a Big Impact on Household Energy Efficiency?
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As America’s policymakers grapple with ways to reduce the nation’s carbon footprint, one often-overlooked area is ripe for improvement: household energy consumption. According to the Department of Energy, about 22 percent of energy consumed in the United States in 2016 was used by residential households. Yet, while residential energy consumption…
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How Nudges Can Help Households Internalize Energy Saving Information
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A new study proposes a model to estimate the welfare impacts of providing energy saving reports for households. The study shows that this type of nudge overestimates the reports’ impact because they do not take into account the overall costs of changing people’s behaviors. However, well-targeted schemes can increase both…
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Developing Efficiency: Why energy efficiency gains in China may not be fully realized
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The rebound effect, which measures the increased demand for energy from increasing energy efficiency, is found to be strong in Chinese urban residential electricity use.
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Discounting Energy Savings: Lessons from Incandescent Light Bulbs
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A new study finds that consumers value compact fluorescent light bulbs less than their energy savings would imply.