How conservation wastes energy

News-2

Despite eight years of Clinton administration energy policies that put conservation above production, energy consumption hasn’t gone down. In fact, it has risen by an average of about 1.7 percent a year since the early 1980s.

Some experts contend that forced conservation distorts supply and demand, and actually causes people to use more energy – not less. Making a product more efficient makes it cheaper to use.

  • Since 1970, the U.S. has made cars almost 50 percent more efficient – with the result that the average number of miles a person drives has doubled.
  • Studies show that when consumers buy more energy-efficient air conditioners, they run them longer because it still costs the same amount.
  • Energy economists recognise that the only tool that effectively promotes conservation is market prices – which go up as demand increases and supplies contract.

    Some political analysts contend that promoters of conservation recognise this flaw in their arguments. So they have joined with environmental extremists to demand a freeze on development – for the sake of “nature.”

    Source: Kimberley A. Strassel, Conservation Wastes Energy, Wall Street Journal, May 17, 2001.

    For text (for WSJ subscribers)
    http://interactive.wsj.com/articles/SB990053498329485043.htm

    For more on Energy http://www.ncpa.org/pd/budget/budget-7.html

  • Share

    Fund the FMF

    Help FMF to promote the rule of law, personal liberty, and economic freedom.

    For more content like this, Subscribe to FMF