Tag Archives: Economy


The Hydrogen Economy book read in 5 minutes

FOETOne thing certain, the way we used to produce and consume energy won’t last forever and should dramatically change. Nobody can pretend knowing how the Energy industry will evolve. Having a vision, even partial and not perfect, and sharing it is key to assess and make policy and business choices. Will the energy world be steered by shale gas, nuclear, Energy Efficiency or hydrogen?


Visionaries in energy are numerous (Jeremy Rifkin, David Owen, Jean-Marc Jancovici, Alain Grandjean, and so on). With his Third Industrial Revolution theory, Jeremy Rifkin is certainly the current most popular.



Does Energy Efficiency really reduce energy consumption?


Tim Harford

From a macro-economic point of view, is Energy Efficiency really a good thing? Or is it counter-productive? Some economist such as William Stanley Jevons used to think that “Energy Efficiency does not reduce energy consumption”. In this very thoughtful article, Tim Harford provides interesting insights to show that Energy Efficiency does reduce energy consumption.

Without trying to challenge this man of genius, Tim Harford, we can still have some doubts and not totally agree with him. Indeed, as someone commented in his blog: “Isn’t the reduction in the UK energy consumption mostly due to the fact that much industry has been displaced to other countries (China)? Wouldn’t you have to include “embodied” energy in your calculations when saying that reduced UK consumption per capita is a “mark against Khazzoom-Brookes”? How about internalizing external costs?”


Why a local authority would buy your Energy Efficiency solution

Because the issues for local authorities are both environmental and economical, it’s necessary for them not only to create and divide wealth for everyone, but also master the budgets and face the urban sprawl problems, pollution, life quality and mobility issues. To obtain healthy and sustainable growth, managing energy demand and research for innovating and alternative solutions are proven to be central. Thus, any land use project, rehabilitation of buildings, or investment project should require to examine its carbon and energy footprint. Several reasons thereto: