TY  - RPRT
ID  - publications43263
UR  - http://tse-fr.eu/pub/125523
A1  - Crampes, Claude
A1  - Léautier, Thomas-Olivier
Y1  - 2021/04//
N2  - 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.
PB  - TSE Working Paper
T3  - TSE Working Paper
KW  - Economies d’énergie
KW  - Certificats blancs
KW  - Micro-politiques
KW  - Mécanismes incitatifs
M1  - working_paper
TI  - Les Certificats d'Economie d'Energie entre économie et politique
AV  - public
EP  - 21
ER  -