Transformation of a policy instrument for energy renovation of housing : Real case application on the French tax credit for energy transition
Sammanfattning: The fight against climate change and the reduction of energy precarity are two major challenges of the energy policy of any country. Energy management in the building sector, particularly in the housing sector, is therefore crucial, and the energy renovation of housing makes it possible to reconcile these challenges by reducing households energy expenditure and greenhouse gas emissions in the residential sector. By focusing on the tax credit for energy transition, a French flagship financial policy instrument for the renovation of private housing in France but criticised for its inefficiency and antidistributive nature, we show that a major reform of this policy instrument can lead to achieve these energy and social objectives. The new method of calculating public subsidies for energy renovation proposed in this report represents a major step forward compared to the current situation in France, by creating a tailor-made instrument adapted to the financial situation of households and reflecting the energy performance of the renovation works. We show that it is therefore possible to have an ambitious climate strategy while making a policy aimed at modest households and enhancing the efficiency of public expenditure.
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