Daylight savings time kicks in here in the United States this weekend. That's almost a full month earlier than in the past. Does this really save energy?
A recent study conducted by Matthew Kotchen and Ph.D. student Laura Grant from UCSB indicates that it costs Indiana residents approximately an additional $8.6mm in utilities when they started observing DST. That's a pretty significant cost.
What's the KM angle? Maybe there are not cost benifits to Daylight Savings Time, but some people think there are social benefits; less crime, fewer fatal auto accidents, and more outdoor recreation time.Â
What do I think? I just don't want to lose that hour this weekend.
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