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The Energy Costs of Historic Preservation

Pinchbeck, E. ORCID: 0000-0002-5638-3923, Hilber, C. and Palmer, C. (2017). The Energy Costs of Historic Preservation. London: Grantham Research Institute.

Abstract

We explore the impact of historical preservation policies on domestic energy consumption. Using panel data for England from 2006 to 2013 and employing a fixed effects strategy, we document that (i) rising national energy prices induce an increase in home energy efficiency installations and a corresponding reduction in energy consumption and (ii) this energy saving effect is significantly less pronounced in Conservation Areas and in places with high concentrations of Listed Buildings, where the adoption of energy efficiency instal lations is typically more costly and sometimes legally prevented altogether. The energy costs of preservation are substantial.

Publication Type: Monograph (Working Paper)
Publisher Keywords: Preservation policies, land use regulation, energy efficiency, energy consumption, climate change
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
J Political Science > JF Political institutions (General)
K Law
Departments: School of Arts & Social Sciences > Economics
URI: http://openaccess.city.ac.uk/id/eprint/21402
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