The Economics of Energy Efficiency : Edward Elgar Publishing : 9781840648898 : 1840648899 : 28 Sep 2004 : Why do organisations 'leave money on the floor' by neglecting highly cost effective measures to improve energy efficiency? This question lies at the heart of policy debates over climate change and is a focus of continuing dispute within energy economics. This book explores the nature, operation and relative importance of different barriers to energy efficiency through a comprehensive examination of energy management practices within a wide range of public and private sector organisations. The authors use concepts from new institutional economics to explain individual and organisational behaviour in relation to energy efficiency, and identify the mechanisms through which such barriers may be overcome. In doing so, they are able to shed new light on the 'barriers debate' and provide a valuable input to the future development of climate policy. Combining a critical evaluation of dif