Monday, March 23, 2009
Bad News for Oil Prices and the Climate - The World's Cheapest Car Debuts in India
America's current policy to deal with oil depency - become more efficient. That's code for 'allow use to use energy more cheaply and easily'. This means that more people (users) will then be able to use/consume energy at these cheap/efficient levels. No one is talking about disincentivising the use of energy - using tariffs, taxes etc. Anything to stimulate demand. But the problem is demand (and supply). Demand we can make a choice to change but apparently we are too important and too clever to do that.