Pizer, William A.; Morgenstern, Richard; Shih, Jhih-Shyang - 2010
applied to plant-level Census data. Overall, we find quite modest effects: the reductions in fuel and electricity expenditures … participation in Climate Wise led to a slight (3–5 percent) increase in electricity costs that vanished after two years. Stronger … evidence suggests that participation in 1605(b) led to a slight (4–8 percent) decrease in electricity costs that persisted for …