Carbon Penalties & Incentives: A review of policy effectiveness for carbon reduction and energy efficiency in the commercial buildings sector
It has been demonstrated that, in the eyes of many actors with interests in the commercial buildings sector, there are significant limitations within the existing framework of energy and carbon policy instruments.
As this research shows, the current framework of regulations, incentives and penalties, which has grown iteratively over time, is found by many in the market to be complex and difficult to navigate. At the same time, there appears to be a strong link between levels of policy familiarity and the perceived benefit for business. In response, industry bodies and leaders have a vital role to play in supporting Government by actively encouraging their members to improve their knowledge of energy and carbon efficiency measures and policies.
However, there are a number of positive attributes too that can be developed further to improve the effectiveness of the policy framework as a whole.
It is beholden upon industry to give the Government the evidence it needs to make informed policy decisions, and this report is intended to assist with that process.