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Energy efficiency is one of the key crossroads between energy, climate and economic issues. In fact, it represents one of the most cost effective ways to enhance security of energy supply, to reduce emissions of greenhouse gases and to enhance economic competitiveness at one fell swoop. This...
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This study develops a scenario-based model to assess the current and future trends in energy demand in Africa and associated greenhouse gas emissions. Future energy demand is forecast on the basis of socio-economic variables such as gross domestic product, income per capita, population, and...
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We compare a range of energy efficiency policies in a durable good market subject to both energy-use externalities and price-quality discrimination by a monopolist. We find that the social optimum can be achieved with differentiated subsidies. With ad valorem subsidies, the subsidization of the...
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