With oil prices -- and gas prices -- down sharply from just a month ago, will consumers in the developed world continue the recent trend of decreasing energy use or return to their profligate ways? The Wall Street Journal asked six experts, including the Baker Institute's Amy Myers Jaffe, to discuss the best ways to reduce energy demand.
Jaffe, who is the institute's Wallace S. Wilson Fellow in Energy Studies, advocates higher federal fuel-efficiency standards and increased federal gasoline taxes, as well as investment in electricity as an alternative to oil. She also wants any bailout of Detroit's automakers to be tied to increased fuel efficiency standards.
Read The Wall Street Journal article here. Jaffe is the third expert featured in the article.
John W. Diamond , George Zodrow
Jan 22 2021 | Center for Public Finance
Michelle Michot Foss
Jan 22 2021 | Center for Energy Studies