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How were the policies and measures quantified?. Action by an actor depends on: availability of measures information for actors incentives (regulation, financial, etc) possible barriers Simulation models of behaviour of actors actors as economic agents include “soft” elements
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How were the policies and measures quantified? • Action by an actor depends on: • availability of measures • information for actors • incentives (regulation, financial, etc) • possible barriers • Simulation models of behaviour of actors • actors as economic agents • include “soft” elements • include interaction between policy instruments • calibrated with analysis of historic trends
Steps in analysis of policy instruments • Differs somewhat depending on the kind of policy instrument • regulation • tax • subsidy/fiscal • information • tariff structure • removal of barriers
Steps in the analysis of policy instruments (1) • 1) Analyse (the text of) the policy instrument (PI) • sanctions? • support from actors / commitment • 2) At what measure(s) does the PI aim? • 3) What other policies aim at this measure? • 4) What is the market share of the measure and how much has it changed recently? • 5) At what is the PI aiming? Availability, information, incentives, removal of barriers? • 6) What barriers remain in place?
Steps in the analysis of policy instruments (2) • 7) What is the IRR for the measure and how much does it change through the PI? • 8) What indirect effect will the PI have (e.g. rebound effect, effect on other measures)? • 9) What is the most appropriate reference to calculate the CO2 reduction effect ? • 10) Calculate the CO2 reduction impact
Example: P&Ms in household sector • Minimum efficiency standards new dwellings • Regulating energy tax • Energy labels in combination with subsidies • Subsidies for solar boilers, solar PV, etc • Existing dwellings: energy advisors