@techreport{6577,
  keywords = {Energy Markets and Policy Department, Energy Analysis and Environmental Impacts Division},
  author = {Mark D Levine and Eric Hirst and Jonathan G Koomey and James E McMahon and Alan H Sanstad},
  title = {Energy Efficiency, Market Failures, and Government Policy},
  abstract = {<p>This paper presents a framework for evaluating engineering-economic evidence on the diffusion of energy efficiency improvements. Four examples are evaluated within this framework. The analysis provides evidence of market failures related to energy efficiency. Specific market failures that may impede the adoption of cost-effective energy efficiency are discussed. Two programs that have had a major impact in overcoming these market failures, utility DSM programs and appliance standards, are described</p>},
  year = {1994},
  pages = {42},
  month = {03/1994},
}