Re: does peak oil cause intelligence to drop?
If you think these regulations amount to "socialist command and control" then you don't know much about the history of planned economies. You might not agree with the regulations he's suggesting, but they don't seem to be that different from current regulatory structures mandating certain levels of fuel-efficiency, etc.
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Let's see, Dr. Heywood, I can think of a better way to spur consumption reduction, increased development of alt. energy, improved vehicle design and efficiency, and more use of alternative transportation:
Can you guess what it is?
$60/barrel for oil. Record investments in new drilling, record investments in alt energy, record achievements in alt energy, record sales of hybrid and other fuel economy models, a sharp drop in oil demand in China, but don't let that stop your dream, sir. No, we need the government to take control.
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If the market is so good at shifting consumption down, then why is demand still at record levels? Selling a few hybrids might be nice, but overall demand (worldwide and in the US) for oil hasn't been decreasing.
And if the market is so good at spurring the development of alternative energy sources, then why haven't we seen more from the private sector in the thirty-odd years since the original oil crisis?
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