LIFE

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

Abstract:

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.