Been There; Done That!
To begin as soon as people are faced with the virtual certainty that energy prices are going to go up they will CHANGE BEHAVIOR.
They will drive their dinosaurs as little and as carefully as they can.
They will use public transportation a lot more.
They will turn out the lights and turn down the thermostat.
Then they will CHANGE WHAT THEY BUY
They will buy the fuel efficient hybrid cars.
Or regular cars that are fuel efficient.
They will buy the most fuel efficient appliances.
They will look for other ways to heat and provide electricity for the home.
Meanwhile the market will DEVELOP NEW PRODUCTS.
Fuel cell cars
Or ethanol vehicles
Or who knows what.
How do I know all this will happen? That's easy! BEEN THERE; DONE THAT!
2 Comments:
good comment
Correction: In "energy prices oar going to go up" change "oar" to "are".
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