Household energy efficiency boosts economy, reduces emissions in Scotland and UK
The article investigates the effects of making households more energy efficient in Scotland and the UK. By using economic models, the researchers found that improving energy efficiency can boost the economy, but may not lead to as much energy savings as expected due to the rebound effect. They also looked at how this improvement affects lower-income households and the consumption of energy-intensive services like private transport. The findings suggest that increasing energy efficiency can benefit households and the economy, but the impact may vary depending on factors like government spending and tax rates.