|
|
|
| |
Increased fuel efficiency, however, is not free. … Any truly cost-effective increase in fuel efficiency would already have been made.
—Former Council of Economic Advisers Chairman N. Gregory Mankiw, 2007
|
|
| |
Importance: Orthodox economists say energy-efficiency programs always waste money, while physicists say they are all we need. This causes governmental paralysis.
Main Ideas:
• Consumers are "myopic" about long-term energy costs.
• This is not the low-carbon-price problem, so efficiency programs make sense.
• Increased efficiency, without a price increase, causes energy "take-back."
• Success requires economic carbon pricing and efficiency programs.
|
|
http://stoft.com/p/28.html | 03/10/10 03:34 GMT
Modified: Sat, 21 Feb 2009 03:51:08 GMT
|
|
| |
Amazon
China and India have nixed caps. Without these caps, Kyoto fails. What can be done?
Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.
About Carbonomics.
Get discount.
|
|
|
