efficiency increase

Efficiency increase oftentimes reduces product or service costs, which can in turn ramp up consumption (due to reduced prices), thus partly canceling out the original savings. This is known as the rebound effect.

In order to conserve resources successfully, we need laws and economic conditions that promote resource efficiency and reduce resource use. The goal is to increase economic opportunity through measures such as cost reductions. At the same time protection against increasing raw material prices and extreme price fluctuations is required.