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- W2183341457 abstract "A feebate is a market-based policy that can encourage greater energy efficiency and associated greenhouse gas emission reductions by levying surcharges on low-efficiency/highemitting products and refunding the revenue generated to purchasers of high-efficiency/lowemitting products through a rebate. Feebates, which can be designed to be revenue neutral, can be used to create incentives that shift markets toward lower emission products by influencing purchasing decisions. This paper provides an overview of feebate design considerations and implementation options for programs that target appliances and buildings in California. A significant energy savings opportunity exists in bridging existing voluntary and involuntary market interventions. Well designed incentive programs are effective at motivating customers to purchase energy efficient products and services in a specific targeted market, but their effectiveness is usually limited to a small fraction of that market. Regulations for buildings and appliances are extremely cost effective at improving efficiency for an entire market, but codes and standards are blunt instruments that usually leave a lot of potential savings “on the table.” Feebates can be used to bridge gaps between California’s incentive programs and codes and standards as well as the gap between state and federal regulations. In particular, feebates could allow California to achieve additional energy and greenhouse gas emissions savings from appliances that are federally preempted from state-level codes and standards. From a policy perspective, federal regulations for buildings and appliances are effective at moving the entire nation towards a more sustainable future, but they are less effective than state policies at developing innovative regulations suitable for individual climate and economic conditions." @default.
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- W2183341457 date "2010-01-01" @default.
- W2183341457 modified "2023-09-23" @default.
- W2183341457 title "Innovative Approaches for Reducing GHG Emissions: Feebates for Appliances and Buildings" @default.
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