Wednesday 25 Nov 2020 | 02:54 | SYDNEY
Wednesday 25 Nov 2020 | 02:54 | SYDNEY

Don't let the Jevons Paradox keep you up at night


Stephen Grenville

15 February 2008 15:33

There are many thing to fret about in life, but the impact of the Jevons Paradox on oil consumption isn't one of them. If hybrid cars are so spectacularly efficient that we all drive that much more, governments could easily fix this problem by taxing oil more. Come to think of it, even without the Jevons Paradox, that mightn't be a bad idea. Any politicians ready to bite the bullet, particularly in the US?