Conservation of resources: Prices change everything

Michael Giberson Steven Stoft, at the EU Energy Policy Blog, observes that market driven conservation is a slow process: Conservation is the main way consumers respond to high market prices. When price goes up, consumption comes down–but it takes a while for the full price effect to play out. Market-driven conservation is a slow process–slow … More Conservation of resources: Prices change everythingMore Conservation of resources: Prices change everything