Renewable & Sustainable Energy Institute University of Colorado Boulder, CO USA Evidence for a gap More evidence for a gap
Source: McKinsey 2008.
One perspective on the gap: Consumers and behavior http://www.samsung.com/my/consumer/home-appliances/refrigerator/multi-door/RF905Q Source: E Source Source: E Source Why is there a gap? Some popular explanations • Information problem: If people knew and understood, they would act appropriately • Inertia makes any kind of change very difficult • Evil (fill in the blank) are blocking change • There isn’t a gap – the analysis is flawed • Incentives are misplaced - e.g. renter/owner problem • Energy prices don’t reflect societal costs • What else? Understanding the gap • Bad things happen for good reasons. • (almost) universal agreement: energy efficiency is an ‘underutilized resource’ • What can be done about that? Earthrise, 1968