Center for Economics and the Environment: Policy Series
A modern society is vitally dependent on an adequate supply of energy. Electricity blackouts or severe gasoline shortages quickly bring the economy to a halt. Nevertheless, we usually take energy for granted — until the shortage hits us or the price shoots up. This is a plea for getting ahead of the curve. The United States needs to develop a new national energy policy now in order to be able to meet our needs in the years ahead — before the times of crisis.
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Weidenbaum, Murray, "Meeting America’s Future Energy Needs" (2003). Center for Applied Economics. 25.