Energy efficiency means no regrets
Should we wait and see how hot it`s going to get, or should we act not to prevent global warming caused by greenhouse gases? Marit P. Assenza, a management consultant in Oslo, Norway, says many economists support a {open_quotes}no regrets{close_quotes} policy that, in the absence of certainty about the future, allows for economic savings while curbing emissions at the same time. Many countries, including Norway, {open_quotes}have already committed themselves to investing in such preventative policies,{close_quotes} Assenza says. In the early 1990s, Norway {open_quotes}launched a program aimed at giving private companies incentives to make investments in energy efficiency,{close_quotes} Assenza notes. Bakeries, for example, used fund provided by the program to apply a technology already in use in metal-processing: heat from the ovens was rerouted to help heat the rest of the plant, resulting in significant energy savings. To encourage company executives to adapt to change, {open_quotes}public policies aimed at dismantling barriers, increasing information flows, and enhancing the diffusion of new innovations make sense,{close_quotes} Assenza says.
- OSTI ID:
- 457143
- Journal Information:
- Forum for Applied Research and Public Policy, Vol. 11, Issue 2; Other Information: PBD: Sum 1996
- Country of Publication:
- United States
- Language:
- English
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