Market dynamics often demonstrate that subsidies create unsustainable demand for the products to which they apply. Witness the auto sales acceleration in July and August of this year while the federal "Cash for Clunkers" program was in effect. Since the program ended, domestic auto sales have ... Views: 1176
"Energy efficiency isn't just low hanging fruit, it's fruit lying on the ground." – U.S. Energy Secretary Steven Chu, June 26, 2009
In December 2007, then-President Bush signed the Energy Independence and Security Act into law. Among other things, this law opened the door for energy-efficient ... Views: 966
"In the nation's pursuit of energy affordability, climate change mitigation, and energy security, energy efficiency stands out as perhaps the single most promising resource." -- Unlocking Energy Efficiency in the U.S. Economy, McKinsey and Company, September, 2009.
We couldn't have said it ... Views: 1317
The pros and cons of energy-efficient light bulbs have been much debated over the last decade. The main focus of the discussion has been CFL light bulbs. Introduced in the '80s, these electricity sippers have been greatly improved over the years. CFL light bulbs are enthusiastically endorsed by ... Views: 1198
It's human nature. We're always eager to explore the newest product, especially the ones touted to improve our lives. At the same time, we can be skeptical about new product technologies, and it can be hard to decide what, and whether, to buy. This is certainly the case with energy-saving light ... Views: 1164
"Electricity Prices Plummet," The Wall Street Journal, August 12, 2009
Hey, is there a recession going on? This timely article details how slack demand for electricity in 2009 may lead to the first consecutive year decline in electricity use in the U.S. since 1950. Such news may tempt some ... Views: 1631