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Energy Efficiency and Conservation: New Legal Tools and OpportunitiesJohn C. DernbachWidener University - School of Law Robert B. McKinstry Jr.Ballard Spahr LLP Darin LowderBallard Spahr LLP February 21, 2011 Widener Law School Legal Studies Research Paper No. 11-06 Abstract: Many new and ambitious energy efficiency and conservation laws are being enacted at all levels of government - and with greater financial incentives than provided previously. These innovations are intended to overcome or minimize market barriers such as principal-agent problems, information and transaction costs, high internal discount rates, and up-front capital needs that discourage cost-saving investments. Innovations such as public-private partnerships also require significant legal input and creativity for the client to reap the often remarkably large energy and cost savings. This article reviews a range of these tools, especially financial legal mechanisms, that could help significantly reduce U.S. energy consumption.
Number of Pages in PDF File: 6 Keywords: energy efficiency, energy conservation, climate change, sustainable development, sustainability, energy consumption, greenhouse gas emissions, American Recovery and Reinvestment Act, taxation, tax credit, tax deduction JEL Classification: K10, K20, K29, K32, K33, Q20, Q21, Q28, Q30, Q31, Q38, Q40, Q41, Q43, Q48, Q54, Q58, Q01 working papers seriesDate posted: February 22, 2011 ; Last revised: April 12, 2013Suggested CitationContact Information
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