4 ms·
There's one relatively simple method: if electricity cost more, it would be easy to justify investments in energy saving. On the other hand, if the cost of thi
by Gravityloss 9y ago
There's one relatively simple method: if electricity cost more, it would be easy to justify investments in energy saving.
On the other hand, if the cost of things currently roughly depicts the environmental impact the things have, then it might not make sense to invest in energy saving with current technologies as that could have a very long payback time in environmental impact too.
- ZeroGravitas 9y agoI believe this is already the case in California. The most expensive energy by kWh but the lowest energy bills because of a statewide commitment to energy efficiency. A carbon fee/tax/floor would be required to make things reflect their true cost in terms of climate change, this can be simulated in the app. Note that this isn't spending more money (at least up to the estimated social cost of carbon), since due to the externalities that cost is already being borne by sociery
- bkjelden 9y agoMany Californians live in parts of the state where there is not much need for heating and cooling much of the year, which also helps keep consumption down.