The Rebound Effect of Resource Efficiency: Materials and Energy

Sedat Alataş, 29 September 2023

The "rebound effect" is a phenomenon which occurs when potential resource savings driven by advances in resource efficiency are cancelled out due to a variety of reasons, such as the substitution effect, income effect, market dynamics, or psychological factors. In other words, when the rebound effect prevails, even if industries or people use resources efficiently and perform better, the benefits of the improvements in resource efficiency are partially or completely offset by increasing consumption and production. Click here to read...