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DOI10.1016/j.enpol.2021.112375
Can different approaches to funding household energy efficiency deliver on economic and social policy objectives? ECO and alternatives in the UK
Katris A.; Turner K.
发表日期2021
ISSN03014215
卷号155
英文摘要Residential energy efficiency is a core element of the decarbonisation policy in many nations. In the UK, the established approach to enabling efficiency gains through centralised retrofitting programmes involves socialising costs via consumer energy bills through the Energy Company Obligation (ECO). One UK policy concern is whether less affluent households should receive greater access to ECO funding. However, there is a broader concern that the use of constrained public resources should be justified through wider and sustained economic returns emerging. Here, we consider the (centralised) ECO approach to cost recovery alongside alternative (decentralised) approaches to delivering energy efficiency programmes that either pass costs to beneficiary households or fully socialise costs via income tax. We find the key drivers of both household and wider economy outcomes are the absolute levels of resources actually devoted to enabling efficiency gains and household disposable income freed up to power expansionary processes. The latter in particular brings challenges and trade-offs in terms of meeting both economic performance and social policy objectives, given that resources targeted at higher income households can ultimately free up more real spending ability and sustain greater gains in GDP, employment and household incomes. © 2021 The Author(s)
关键词Computable general equilibriumEconomic sustainabilityEnergy efficiencyEnergy policySocialising costs
英文关键词Binary alloys; Costs; Economic analysis; Economic and social effects; Energy policy; Taxation; Computable general equilibrium; Economic sustainability; Efficiency gain; Energy; Energy companies; Fundings; Policy objectives; Social policy; Socializing cost; Energy efficiency; computable general equilibrium analysis; energy efficiency; energy market; energy policy; numerical model; social policy; sustainability; United Kingdom
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/205183
作者单位Centre for Energy Policy, School of Government and Public Policy, University of Strathclyde, Glasgow, United Kingdom
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Katris A.,Turner K.. Can different approaches to funding household energy efficiency deliver on economic and social policy objectives? ECO and alternatives in the UK[J],2021,155.
APA Katris A.,&Turner K..(2021).Can different approaches to funding household energy efficiency deliver on economic and social policy objectives? ECO and alternatives in the UK.Energy Policy,155.
MLA Katris A.,et al."Can different approaches to funding household energy efficiency deliver on economic and social policy objectives? ECO and alternatives in the UK".Energy Policy 155(2021).
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