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If you force people to buy more fuel-efficient cars through CAFE standards, you actually get what's called 'rebound,' and they drive more than they would have". A gas tax, he believes, would create demand for more fuel-efficient cars without as much rebound, the phenomenon through which greater efficiency leads to potentially greater consumption.
But greater efficiency leads to greater wealth, and vice versa, as Zimbabwe so harrowingly shows.
"It is for the virtue of this that we shall muddle through to success and for lack of this Germany's brilliant efficiency leads her to final destruction".
The results show that the use of this efficiency leads to a more physically complete problem formulation.
This approach argues that promoting efficiency with which firms operate leads to enhanced consumer welfare since improved efficiency leads to lower costs which in turn leads to lower prices.
A combined analysis of specific flux and thermal efficiency leads to comprehensive understanding of the process and its potential for optimisation.
Similar(24)
The rise in feed efficiency led to a rapid growth in Norway's major aquaculture companies.
Meanwhile, continued demands for transformation and efficiency lead the Office for Budget Responsibility to suggest total redundancies will hit 710,000 by 2017.
To further reduce his energy consumption, he then put in a wood burner, a water-saving shower head and high efficiency LED lighting throughout.
Talk of computer-language efficiency led to a discussion of the Hawaiian language, which makes do with far fewer letters than English.
This increase in cellular uptake efficiency led to an improvement in photodynamic activity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com