Can the composition of energy use in an expanding economy be altered by consumers’ responses to technological change?

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Title: Can the composition of energy use in an expanding economy be altered by consumers’ responses to technological change?
Authors: Turner, KarenFigus, GioeleSwales, KimRyan, L. (Lisa B.)et al.
Permanent link: http://hdl.handle.net/10197/10840
Date: Jul-2019
Online since: 2019-07-02T12:59:25Z
Abstract: Technological change is necessary for economies to grow and develop. This paper investigates how this technological change could be directed in order to simultaneously reduce carbon-intensive energy use and deliver a range of economic benefits. Using both partial and general equilibrium modelling, we consider improvements in the efficiency in the delivery of electricity as an increasingly low carbon option in the UK. We demonstrate how linking this to policy action to assist and encourage households to substitute away from more carbon-intensive gas- to electricity-powered heating systems may change the composition of energy use, and implied emissions intensity, but not the level of the resulting economic expansion.
Funding Details: Science Foundation Ireland
metadata.dc.description.othersponsorship: UK Engineering and Physical Sciences Research Council
Type of material: Journal Article
Publisher: International Association for Energy Economics (IAEE)
Journal: The Energy Journal
Volume: 40
Issue: 4
Start page: 235
End page: 253
Keywords: Technological changeCGE modelsMultiple benefitsRebound
DOI: 10.5547/01956574.40.4.ktur
Language: en
Status of Item: Peer reviewed
Appears in Collections:Economics Research Collection

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