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Crampes, Claude
and Léautier, Thomas-Olivier
(2021)
Les Certificats d'Economie d'Energie entre économie et politique.
TSE Working Paper, n. 21-1205
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Abstract
To encourage building renovations and the replacement of old energy-consuming equipment, some governments have introduced a system of white certificates requiring large producers and distributors of natural gas, electricity and fuel to prove that they have financed energy-saving operations. The system is proving to be much less efficient than expected because energy saving works are "credence goods", which means that their quality can be correctly measured neither before nor after their achievement. Because of this informational bias, white certificates encourage economically inefficient works. Despite this, they are favored by the public authorities because they belong to the panoply of nonpunitive, non-fiscal, decentralized and local job-creating micro-policies.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | French |
| Date: | April 2021 |
| Uncontrolled Keywords: | Economies d’énergie, Certificats blancs, Micro-politiques, Mécanismes incitatifs |
| JEL Classification: | D13 - Household Production and Intrahousehold Allocation D82 - Asymmetric and Private Information L97 - Utilities - General Q48 - Government Policy Q51 - Valuation of Environmental Effects |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse 1 Capitole |
| Site: | UT1 |
| Date Deposited: | 20 Apr 2021 12:03 |
| Last Modified: | 28 Aug 2023 07:45 |
| OAI Identifier: | oai:tse-fr.eu:125523 |
| URI: | https://publications.ut-capitole.fr/id/eprint/43263 |
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- Les Certificats d'Economie d'Energie entre économie et politique. (deposited 20 Apr 2021 12:03) [Currently Displayed]
