JURY STILL OUT OVER WHETHER COMPULSION OR VOLUNTARISM BEST FUELS ENERGY EFFICENCY
July 1st, 2012
BY CARMEN PAUN, IN BRUSSELS; DAVID HAYHURST, IN PARIS; MICHAEL KOSMIDES; AND KEITH NUTHALL
THE DEBATE about whether compulsion or voluntarism best aids energy efficiency is one of the oldest in the electricity sectors: do we save more energy by being ordered to switch off the lights; or by being advised our bills will fall if we do? It is a debate that has yet to be won, with the International Energy Agency (IEA) and the Institute for Industrial Productivity (IPP) recently releasing a report that champions the voluntary approach, and the European Commission ...
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