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Community Benefits of Local Spending of Money Saved with Super-Efficient Air Conditioning Including New Local Employment

This paper presents a pioneering benefit assessment framework and indicative quantification of the community and national benefits of operating cost savings from super-efficient room air conditioning (RAC) that are spent locally and not for imported fuel, electricity, and power plants. It also estimates the benefits of expanded employment to replace and service the new RACs and to recover and destroy obsolete and contaminated ozone-depleting and greenhouse gas (GHG) refrigerants. Shifting spending from foreign to local purchase improves balance of trade, strengthens domestic currency, and creates jobs and prosperity as funds circulate in the local economy. Added to that are the community benefits of mass replacement of RACs and their service to maintain energy efficiency over the life of the appliance. This community impact grows over time as savings accumulate on avoided fuel and energy infrastructure and as the income from the new jobs circulates in the local economy.

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2020

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J. A. Laitner, J. Benhamdane, K. Taddonio, M. Tahri-Joutei, S. O. Andersen, S. Sebti, Y. Hwang

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https://www.igsd.org/publications/community-benefits-of-local-spending-of-money-saved-with-super-efficient-air-conditioning-including-new-local-employment

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