Energy Efficiency Policy and Market Failures

@article{Levine1995EnergyEP,
  title={Energy Efficiency Policy and Market Failures},
  author={M. Levine and J. Koomey and J. Mcmahon and and A H Sanstad and E. Hirst},
  journal={Annual Review of Energy and The Environment},
  year={1995},
  volume={20},
  pages={535-555}
}
The primary objective in this paper is to focus attention on the empirical basis for skepticism about the effectiveness of the market mechanism in yielding cost-effective energy efficiency improvements. The authors present a series of examples that provide evidence for market failures related to energy efficiency. The discuss the role of energy efficiency policies such as standards, utility demand-side management programs, and other government programs that have been used to overcome these… Expand
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