Monday, May 15, 2006

High gas prices are not changing people's behavior, in terms of how much they drive or how fast:

The federal government says that every five miles per hour you drive above 60 miles per hour is like paying an extra 20 cents a gallon for gasoline. Yet people aren't slowing down, at least in any broad sense.

Ronald Bailey talks about some of the problems with using ethanol or other biofuels. In particular:

Burning food for fuel raises some interesting moral questions in world in which 800 million people are still malnourished.

Of course, you could say the same about spending money on hybrid cars or ice cream or anything.

But don't worry, because nuclear power will solve all our energy problems.

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