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https://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox In economics, the Jevons paradox occurs when technological progress i
by SixSigma 11y ago
https://en.wikipedia.org/wiki/Jevons_paradox https://en.wikipedia.org/wiki/Jevons_paradox
In economics, the Jevons paradox occurs when technological progress increases the efficiency with which a resource is used but the rate of consumption of that resource rises because of increasing demand.
- jhulla 11y agoThe only solution out of this paradox with respect to carbon fuels is taxation. Unfortunately, as much as we'd like, a global carbon tax regime is not practical, nor enforceable. So we're stuck.
- eru 11y agoDoesn't need to be global. European countries (and others) had high taxes on petrol for a while now. Extending that to a general carbon tax might be workable.
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- Dylan16807 11y agoThat doesn't stop it from pushing coal out a bit.