Saturday, October 24, 2009

Daylight Saving Time


One more hour of sleep this night!

Like the Kyiv Post, many people believe that 'The winter time is aimed at more efficient use of daylight and saving energy.'

There are several studies that are skeptic about whether this policy works, for example

"Our main finding is that—contrary to the policy's intent—DST increases residential electricity demand. Estimates of the overall increase are approximately 1 percent, but we find that the effect is not constant throughout the DST period. DST causes the greatest increase in electricity consumption in the fall, when estimates range between 2 and 4 percent. These findings are consistent with simulation results that point to a tradeoff between reducing demand for
lighting and increasing demand for heating and cooling."

At least, there's no impact on the stock market, according to this study:


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