Effects of energy-efficiency building codes in the energy savings and emissions of carbon dioxide

Bishwa S. Koirala*, Alok K. Bohara, Hui Li

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This study estimated the effects of energy-efficiency building codes—IECC 2003 and IECC 2006—in residential energy consumption, using the American Community Survey 2007. This study detected violations of the assumption of independence of observation, corrected them by applying a hierarchical estimation technique, and measured the state’s heterogeneity. We found that households can save about 1.8 % of electricity, 1.3 % of natural gas, and 2.8 % of heating oil with the application of these energy efficiency codes, with corresponding reductions in the emissions of the global warming gas, CO2 of about 7.54 million metric tons per year if all homes apply these codes. For the pressing requirements of energy security and the limiting the emissions of CO2 for climate change mitigation, these energy efficiency codes can be an effective environmental policy measure for residential sector.
Original languageEnglish
Pages (from-to)271–290
Number of pages20
JournalEnvironmental Economics and Policy Studies
Volume15
Issue number3
Early online date10 Feb 2013
DOIs
Publication statusPublished - Jul 2013

Keywords

  • CO emissions
  • Energy-efficiency
  • Hierarchical estimation

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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