Is Transition Worth It?

January 30, 2019

Are investments in energy transition, especially for public dollars in the form of incentives or subsidies, worth it? Do investments in energy efficiency truly pay off, or does efficiency just make energy cheaper because we’re using less of it, encouraging customers to use more of it—a phenomenon known as the rebound effect, the backfire hypothesis, and the Jevons Paradox? Is public support for rooftop solar systems worth it, once we add up all its costs and benefits, or would it be better to support utility-scale solar projects, or something else entirely, like efficiency? Do wind and solar farms, and electric vehicles, always deliver climate benefits, or does it depend on the power mix of the grid to which they’ll be connected? And even if we determine answers to these questions, for how long are those answers valid?

These are all difficult questions, but our guest in this episode has investigated all of them, and she shares her insights at length in this wonky but accessible discussion. If you worry that the rebound effect might mean efficiency isn’t worth it, you definitely need to listen to this one.

[slide-anything id=’3472166′]

Guest:Dr. Inês M.L. Azevedo is Full Professor in the Department of Engineering and Public Policy at Carnegie Mellon University, where she is the PI and co-Director for the Climate and Energy Decision Making Center. Her research interests focus on how to transition to a sustainable, low carbon, affordable and equitable energy system, combining engineering and technology analysis with economic and decision science, and she has published extensively on those subjects.

On Twitter: @inesliaz

On the Web:

Inês’ page at Carnegie Mellon

Inês’ page at ResearchGate

Inês’ page at Google Scholar

Recording date: December 12, 2018

Air date: January 9, 2019

Geek rating: 8

Chris Nelder

Chris is an energy analyst, journalist, and investor, who consults and lectures on energy investing and policy. During a decade of studying energy, he has written two books on investing and energy Profit from the Peak and Investing in Renewable Energy, as well as over 900 blog posts and articles.


Tags: energy efficiency, energy transition, Jevons paradox

Comments

Welcome to the new Resillience commenting system!

We have moved from the former Disqus commenting system to a new system as of September 10, 2026.

  • Your past comments have not disappeared.
  • You can log in with your old Disqus credentials, as well as Gmail credentials or a Resilience account (formerly Resilience+). Login with Facebook and other credentials is coming soon.

We made this change because of privacy concerns regarding Disqus. It's also part of a set of changes to bring more services to the Resilience community under a single login: commenting, (coming September 2026), and online courses (coming 2027). Unfortunately, your old Disqus comments may not reliably link to your account in this new system. Please contact us if you have any questions or concerns.

Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted