What Will Motivate More People to Make Their Homes More Energy Efficient?
Researchers have discovered that certain types of financial incentives are more effective than others.
According to the Wall Street Journal, how do you get people to reduce their home’s carbon footprint?
The U.S. government hopes the answer is to appeal to their pocketbooks. As part of the Inflation Reduction Act, the government is rolling out increased federal tax credits and rebates to help offset the cost of energy-efficient upgrades such as electric heat pumps and added insulation, and adoption of clean-energy technologies such as rooftop solar.