The Macroeconomic and Other Benefits of Energy Efficiency
This report sets out the positive and negative impacts of improvements in energy efficiency in buildings that could come about through a recast of the Energy Performance Buildings Directive (EPBD). Successive studies have shown that energy efficiency offers many of the most cost-effective options for meeting global emission targets. In many cases, energy efficiency measures have been shown to be ‘negative cost’, meaning that it would be economically advantageous to implement them. In this analysis a wide range of potential effects is considered, covering the three pillars of economic, societal and environmental impacts.