However, subsidies discourage efficiency.
How can workaholism harm a company? A. In addition to discouraging efficiency, it can put enormous stress on co-workers.
But it also discouraged efficiency, and it is hard to find anyone today who advocates a return to it.
The senior government official, who was deeply involved in the development of the plan, argued tonight that the "new source reviews" by the Environmental Protection Agency are a "time-consuming process" that often "discourage fuel efficiency".
At the Electric Reliability Coordinating Council, an industry group, Scott Segal, the executive director, said that the New Source Review program had "undermined air quality, plant safety and international competitiveness by discouraging appropriate efficiency improvements".
Low energy prices are likely to have significantly discouraged energy efficiency investments and prudent consumption of energy among households and industry alike.
And Hawaii, the American state with the dearest power, is not the most efficient (although the one with the cheapest, Kentucky, does come bottom of the efficiency table).The problem, analysts explain, is a series of distortions and market failures that discourage investment in efficiency.
Industries have complained most recently to the Bush administration that the current rules, begun under President Bill Clinton, were choking off new investments in power-generating plants and discouraging energy-saving efficiencies.
Will the technology discourage efforts to improve energy efficiency, or might it be a valuable tool in the fight against climate change?
That is, when the market power of a large enterprise grows into a monopoly, the loose management will discourage innovation and consequently decrease efficiency.
