Journal
ENERGY JOURNAL
Volume 36, Issue 1, Pages 23-48Publisher
INT ASSOC ENERGY ECONOMICS
DOI: 10.5547/01956574.36.1.2
Keywords
Rebound; Rebound effect; Elasticity of substitution; Factor technology gains; Economic growth potential; Neoclassical growth model
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New research using data spanning centuries reveals the presence of very large energy efficiency rebound magnitudes, calling into question the energy use forecasts relied on by international bodies investigating climate change mitigation policy. This article uses those recent results to highlight and explain the key drivers that future energy modelers need to incorporate.
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