The energy efficiency rebound effect in general equilibrium

General Equilibrium Rebound from Energy Efficiency Policies ∗

I study the general equilibrium implications of large-scale policies to improve energy efficiency, which are being implemented around the world to mitigate climate change. Energy efficiency policies “rebound” when economic responses undercut their direct energy savings. I develop an analytic general equilibrium framework that allows improvements in energy efficiency to affect output prices and ...

General Equilibrium Rebound from Improved Energy Efficiency

Energy efficiency improvements “rebound” when economic responses undercut their direct energy savings. I develop an analytic general equilibrium framework that allows improvements in energy efficiency to affect output prices and factor prices. I show that general equilibrium channels typically amplify rebound and make it more likely that improvements in efficiency end up increasing total energy...

The effect of increasing electricity price on rebound effect in Iran by computable general equilibrium

The main goal of policies to increase the energy efficiency is reducing energy consumption, but this goal is limited by the rebound effect. In the literature of energy economics, there are two types of non-price and market tools to reduce rebound effects. Among the market tools, energy taxation is a favored approach. In the Iranian economy, where the prices of energy carriers, including electri...

The Effects of Energy Efficiency Improvements in the Electricity Sector on the Iranian Economy: A Computable General Equilibrium Approach

Improving energy efficiency is one of the most important energy policies in many countries. This study mainly focused on the economic and environmental effects of energy efficiency improvements in Iran’s electricity sector on Iran’s economy using a computable general equilibrium framework. Furthermore, the potential benefits of carbon reduction were explored. The results showed that the most si...

Welfare Assessment of the Renewable Fuel Standard: Economic Efficiency, Rebound Effect, and Policy Interaction in a General Equilibrium Framework By