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Improvements in energy efficiency are increasingly seen as a key strategy to reduce energy consumption in the domestic … sector. Yet, concerns are mounting that households rebound, meaning that they adapt to efficiency gains by increasing their … demand, as efficiency improvements reduce relative costs of energy. This study investigates the elasticity of household …
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as building codes and energy efficiency labels to drive prices and spur demand with the objective of increasing the …-regression approach to identify some of the underlying drivers causing the variation. Our results reveal that energy efficiency is highly … valued in the sales market and the non-residential sector. We also observed that Europe values energy efficiency over the US …
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