IPI Says Contested DOE Efficiency Rules Address Various ‘Market Failures’

June 17, 2024
New York University’s Institute for Policy Integrity (IPI) is backing the Energy Department’s (DOE) economic justification for tougher energy efficiency standards for gas-fired appliances, arguing the rules help address “market failures” in which consumers sometimes do not choose a more-efficient appliance even if it would save them costs over time. “DOE’s modeling approach reflects the complexities of accounting for consumer choices in markets where the energy-efficiency gap exists,” IPI writes in a June 17 amicus brief in American Gas...


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