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Posts Tagged "jevons paradox"

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Does Increased Energy Efficiency Just Spark Us to Use More?

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Last year, the U.S. raised its fuel economy standards for cars and trucks for the first time in decades. By 2025, the fuel efficiency of vehicles will be required to double. As a result, oil consumption is predicted to fall and—given that the U.S. remains the world’s largest consumer of oil—global crude prices might fall [...]

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