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dc.contributor.authorMeng, Ting
dc.contributor.authorHsu, Yuin-Jen David
dc.contributor.authorHan, Albert
dc.date.accessioned2020-03-02T21:15:18Z
dc.date.available2020-03-02T21:15:18Z
dc.date.issued2017-05
dc.date.submitted2017-04
dc.identifier.issn0360-5442
dc.identifier.urihttps://hdl.handle.net/1721.1/123985
dc.description.abstractA growing number of governments have begun to implement benchmarking or energy disclosure policies. By requiring owners to measure and disclose their energy use, these policies are intended to transform the market for energy-efficient investments in existing buildings. To improve future policy efforts, two critical questions are: first, how much energy do these policies save? and second, what particular aspects of these policies are most effective? To answer these questions, this study explores how different aspects of these policies were phased-in to different groups of buildings over the first four years of the City of New York's benchmarking ordinance. By applying a novel difference-in-differences strategy, we can causally attribute observed declines in energy consumption to specific owner behaviors and policy mechanisms. Our analysis indicates that in comparison with the control group and before the policies were implemented in 2011, total disclosure of both energy use and Energy Star together can be credited with a 6% reduction in building energy use intensity (EUI) three years later and a 14% reduction in EUI four years later. Disclosure of Energy Star scores decreased building EUI by 9% three years later and 13% four years later. These two separate findings are a consequence of the policy design and different control groups. Keyword: Energy efficiency; Benchmarking; Disclosure; Policy evaluation; Buildings; Causal inferenceen_US
dc.language.isoen_US
dc.publisherElsevier BVen_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/j.energy.2017.05.148en_US
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en_US
dc.sourceDavid Hsuen_US
dc.titleEstimating Energy Savings from Benchmarking Policies in New York Cityen_US
dc.title.alternativeEstimating energy savings from benchmarking policies in New York Cityen_US
dc.typeArticleen_US
dc.identifier.citationMeng, Ting, David Hsu, and Albert Han. "Estimating energy savings from benchmarking policies in New York City." Energy, 133 (August 2017): 415-423.en_US
dc.contributor.departmentMassachusetts Institute of Technology. Department of Urban Studies and Planningen_US
dc.contributor.approverHsu, Daviden_US
dc.relation.journalEnergyen_US
dc.eprint.versionAuthor's final manuscripten_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dspace.embargo.termsNen_US
dspace.date.submission2019-04-04T13:48:13Z
mit.journal.volume133en_US
mit.licensePUBLISHER_CCen_US
mit.licenseOPEN_ACCESS_POLICY


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