How accurate are energy intensity projections?

dc.contributor.authorStern, David
dc.date.accessioned2017-10-29T22:18:24Z
dc.date.issued2017
dc.description.abstractRecent projections of energy intensity predict a more rapid decline in intensity than has occurred in the recent past. To assess how well such projections have performed in the past, I assess the accuracy of the business as usual energy intensity projections embedded in the annual World Energy Outlook (WEO) produced by the International Energy Agency since 1994. Changes in energy intensity depend on economic growth, and historical errors in projecting energy intensity can partly be explained by errors in projecting the rate of economic growth. However, recent projections of the elasticity of energy intensity with respect to economic growth probably overstate the likely future reduction in energy intensity even if economic growth is projected accurately. This could be because energy efficiency policies are not implemented as effectively as expected or because the economy-wide rebound effect is larger than modeling assumes.en_AU
dc.description.sponsorshipthe Australian Research Council for funding under Discovery Project (DP160100756) "Energy Efficiency Innovation, Diffusion and the Rebound Effect."en_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.issn0165-0009en_AU
dc.identifier.urihttp://hdl.handle.net/1885/132662
dc.provenancehttp://www.sherpa.ac.uk/romeo/issn/0165-0009/..."Author's post-print on any open access repository after 12 months after publication" from SHERPA/RoMEO site (as at 30/10/17).
dc.publisherSpringer Verlagen_AU
dc.relationhttp://purl.org/au-research/grants/arc/DP160100756en_AU
dc.rights© 2017 Springer Science+Business Media Dordrecht.en_AU
dc.sourceClimatic Changeen_AU
dc.subjectIntegrated assessment modelsen_AU
dc.subjectBusiness as usualen_AU
dc.subjectProjectionsen_AU
dc.titleHow accurate are energy intensity projections?en_AU
dc.typeJournal articleen_AU
dcterms.accessRightsOpen Accessen_AU
local.bibliographicCitation.issue3-4en_AU
local.bibliographicCitation.lastpage545en_AU
local.bibliographicCitation.startpage537en_AU
local.contributor.affiliationStern, D., The Australian National Universityen_AU
local.contributor.authoremaildavid.stern@anu.edu.auen_AU
local.contributor.authoruidu9615459en_AU
local.identifier.citationvolume143en_AU
local.identifier.doi10.1007/s10584-017-2003-3en_AU
local.identifier.uidSubmittedByU9615459en_AU
local.publisher.urlhttps://link.springer.comen_AU
local.type.statusAccepted Versionen_AU

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