WPC's Center for the Environment brings balance to the environmental debate by promoting the idea that human progress and prosperity work in a free economy to protect the environment.
Todd Myers, Director, Center for the Environment, and Brandon Houskeeper, Policy Analyst, September, 2009
During the past several years, Washington has engaged in a number of efforts to improve energy efficiency with the goal of reducing costs and emissions of greenhouse gases. There have been, primarily, two types of efforts: performance-based contracting and promotion of “green” building standards. Both of these policies have been in place for a few years and data are available to assess their performance. Examining the data from these efforts, we find that the results are mixed at best, with a number of investments that are unlikely ever to pay off.