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Greening Demand: Energy Consumption and U.S. Climate Policy

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dc.contributor.author Sachs, Noah M.
dc.date.accessioned 2010-01-04T21:09:03Z
dc.date.available 2010-01-04T21:09:03Z
dc.date.issued 2009 en_US
dc.identifier.uri https://hdl.handle.net/10535/5342
dc.description.abstract "The search for greener, less polluting energy supplies has dominated discussions of U.S. climate change strategy, but we often overlook cheaper and faster greenhouse gas emissions reductions achievable through energy efficiency and conservation. In this article, I outline a decade-long 'greening demand' agenda to reduce the amount of energy consumed in the United States. The federal government should aim to reduce U.S. energy consumption by fifteen percent by 2016 and twenty percent by 2020 to achieve needed reductions in greenhouse gas emissions. While the United States has achieved notable efficiency gains since the 1970s, several market failures and other barriers continue to serve as obstacles to energy savings. These include principal-agent divergence, high implicit discount rates used in decision making on efficiency upgrades, and outmoded forms of utility regulation. I demonstrate how a greening demand agenda, centered on price signals, performance standards, informational tools, and changes in utility regulation can be used to overcome these barriers. Many of the challenges are technical and scientific, but law will play a central role in structuring incentives and shaping national markets for efficiency innovations. I conclude with some thoughts on the technical and political feasibility of greening demand." en_US
dc.language English en_US
dc.subject climate change en_US
dc.subject energy en_US
dc.subject consumption en_US
dc.subject environmental policy en_US
dc.subject governance and politics en_US
dc.title Greening Demand: Energy Consumption and U.S. Climate Policy en_US
dc.type Journal Article en_US
dc.type.published published en_US
dc.type.methodology Qualitative en_US
dc.coverage.region North America en_US
dc.coverage.country United States en_US
dc.subject.sector General & Multiple Resources en_US
dc.subject.sector Global Commons en_US
dc.identifier.citationjournal Duke Environmental Law & Policy Forum en_US
dc.identifier.citationvolume 19 en_US
dc.identifier.citationpages 295-319 en_US
dc.identifier.citationmonth Spring en_US

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