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Economics

Western Washington University

Building Programs

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A More Sustainable Future: Energy Efficiency Policies In Buildings, Campbell Miller Apr 2019

A More Sustainable Future: Energy Efficiency Policies In Buildings, Campbell Miller

WWU Honors College Senior Projects

Energy efficiency is often times the most cost effective solution towards reducing energy demand. Energy usage in buildings accounts for upwards of 40% of the total energy consumption in the United States, as well as the vast majority of the growth in energy demand. Despite this buildings are often not built to be energy efficient, causing the residential and commercial sector to paying for hundreds of millions dollars on unnecessary energy use. The reason for this is the many market failures including: risk, lack of information, and access to capital. Looking at policies by the United States and China attempting …