Behavioural Economics for Green Energy Economy Policy: Insights from Scandinavia
In this policy brief, Luis Mundaca discusses recent research on and policy lessons from behavioural economics as applied to energy use and decarbonisation in the region.
Scandinavia will be in the spotlight as the world’s largest energy and innovation ministerial meetings take place in Malmö (Sweden) and Copenhagen (Denmark) in May 2018. Participants will no doubt be eager to learn about the Scandinavian experience in terms of green growth, clean energy, technological innovation and decarbonisation. Lately, behavioural economics – particularly the study of people’s economic behaviour in response to energy and decarbonisation policies – is increasingly applied in the context of green energy economy policy analysis. What can it tell us?