NDLI: Is California More Energy Efficient than the Rest of the Nation? Evidence from Commercial Real Estate

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Is California More Energy Efficient than the Rest of the Nation? Evidence from Commercial Real Estate

Content Provider	Scilit
Author	Kahn, Matthew E. Kok, Nils Liu, Peng
Copyright Year	2016
Description	Journal: SSRN Electronic Journal California's per-capita electricity consumption is 50 percent lower than national per-capita consumption. Mild climate, deindustrialization, ad its demographics explain parts of this differential. California energy efficiency policy is often claimed to be another key factor. A challenge in judging this claim is the heterogeneity of the real estate capital stock. Residential homes differ along a large number of physical attributes. We access a proprietary dataset from a large hotel chain that allows us to evaluate the environmental performance of comparable commercial real estate across the United States. Controlling for climate conditions and geographical location, we document that California's commercial real estate stock is the most energy efficient at a point in time but this differential is quantitatively small. However, over the years 2007 to 2013, California's hotels achieved much greater energy efficiency progress than hotels in other states.
Related Links	http://www.nber.org/papers/w21912.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=2753344
ISSN	10914358
e-ISSN	15565068
DOI	10.2139/ssrn.2753344
Journal	SSRN Electronic Journal
Language	English
Publisher	Elsevier BV
Publisher Date	2016-02-19
Access Restriction	Open
Subject Keyword	Journal: SSRN Electronic Journal Energy Efficiency Durable Capital and Carbon Mitigation
Content Type	Text
Resource Type	Article
Subject	Public Health, Environmental and Occupational Health Psychiatry and Mental Health

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