Renewable Fuels Policy
The Economics of Energy Conservation
“We simply must balance our demand for energy with our rapidly shrinking resources. By acting now, we can control our future instead of letting the future control us.” President Jimmy Carter spoke those words in July 1979, when he called the need for a national energy policy “the moral equivalent of war.” Many of the ambitious earlier efforts to transform the Nation’s energy future have been scaled back over the last 30 years — often for political expediency — even as increasingly urgent alarms have sounded about the consequences of global warming and our continued dependence on foreign oil. Yet…
