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Regrets or No Regrets-That is the Question: Is Conservation a Costless C02 Mitigation Strategy?

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  • Adam Rose
  • Shih-Mo Lin

Abstract

Based on sectoral, or partial equilibrium, analyses, energy conservation has been offered as a "no regrets" COz mitigation strategy. Ours is the first study to isolate key features of conservation strategies in a general equilibrium context. The results indicate that conservation would have slightly negative effects on the U.S. economy overall, in addition to sizable negative effects on most energy industries. Thus, while conservation may be a worthy C02 mitigation strategy, it should not be oversold as costless.

Suggested Citation

  • Adam Rose & Shih-Mo Lin, 1995. "Regrets or No Regrets-That is the Question: Is Conservation a Costless C02 Mitigation Strategy?," The Energy Journal, , vol. 16(3), pages 67-87, July.
  • Handle: RePEc:sae:enejou:v:16:y:1995:i:3:p:67-87
    DOI: 10.5547/ISSN0195-6574-EJ-Vol16-No3-3
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    References listed on IDEAS

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    1. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39, January.
    2. Shoven,John B. & Whalley,John, 1992. "Applying General Equilibrium," Cambridge Books, Cambridge University Press, number 9780521266550, October.
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