Energy-efficiency standards: a gradual approach
In Short
Progress in energy efficiency must be gradual, with regulations introduced cautiously.
A Few Details
Rapid implementation could lead to skyrocketing costs, impacting households across all income levels.
For corporations, especially within the fossil fuel industry, only modest energy-efficiency and clean air standards have been imposed, such as limiting methane leaks. More aggressive measures face challenges, as the conversion costs would ultimately be passed on to consumers, regardless of their economic status.
For end-user products, energy-efficiency standards focus primarily on new buildings, vehicles, and other items, allowing for a phased and manageable transition. Existing products are not subject to these regulations.
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