Energy-efficient appliances: Labels, not subsidies
Energy-efficient appliances: Labels, not subsidies / Timothy Taylor, Conversable Economist, 30/09/2014
http://conversableeconomist.blogspot.fr/2014/09/energy-efficient-appliances-labels-not.html
Consumer energy efficiency programs (often funded by utilities) now cost about $5 billion per year, and most of the money goes to subsidies for consumers to purchase energy-efficient appliances. Of course, there are also subsidies for purchasing certain kinds of fuel-efficient cars. Are these subsidies for consumers a cost-effective way of encouraging the purchase of energy-efficient appliances?…