Energy and Emissions in the Building Sector: A Comparison of Three Policies and Their Combinations
Standards, subsidies, and carbon taxes are among the measures often considered to reduce energy consumption and carbon dioxide (CO₂) emissions in the buildings sector. Using a modeling system developed by the U.S. Energy Information Administration, residential and commercial sector standards and subsidies were each modeled with and without a carbon tax to determine if a multipolicy approach would be redundant. A separate case examining a carbon tax was also completed for comparison.