How robust are estimates of the rebound effect of energy efficiency improvements? A sensitivity analysis of consumer heterogeneity and elasticities
Publication from Life
Internationale Klimapolitik und -ökonomik
Veronika Kulmer, Sebastian Seebauer
Energy Policy, Elsevier Vol. 132(C), pages 1-14, 2019
Economy-wide rebound effects may undermine climate policies relying on energy efficiency improvements. However, available rebound estimates diverge widely. We illustrate the crucial role of model assumptions of household heterogeneity and elasticities.