Energy savings work!
It had passed me by, but an outfit called the Breakthrough Institute (BTI) has been suggesting that energy savings don’t work, according to a guest post at Climate Progress. They say there is a “rebound effect” which causes 60 to 100% or more of energy savings to be lost. For example, if you save on your power bill you will spend that money on a thing or activity that uses energy. The contention has been amplified in the MSM in the US.
A thorough examination of this theory has found that the rebound effect exists, but it’s 10 to 30%. So 70 to 90% of savings are permanent. This is important because, they say, 25-40% of GHG abatement could be achieved through energy savings. Continue reading Climate clippings 62