Lesson 3 What Have We Learned?

  • What types of policies on the part of government could promote energy efficiency?
  • How would you develop a business that has the potential to move this idea forward?

Government policy is one of the best ways to make noteworthy changes in the energy world.  In an effort to promote energy efficiency, policies surrounding vehicle fuel economy could make an impact and drive companies to become more competitive in these fields.  Fuel economy has a tremendous impact on energy and fuel use in our country and the technology exists to make it more efficient.  Policies that increased the minimum mile-per-gallon for all new cars and light duty trucks would have a great effect.  Also, these policies would cause car manufacturers to work harder to achieve maximum fuel efficiency and compete with their counterparts.  This action drives research and technology forward in vehicle fuel economy.

A plausible business idea that would have the potential to move this idea forward is a company that could provide technical assistance and research for car companies to assist them in making informed decisions to enhance their fuel efficiency.  This business could be developed using researchers and scientists and even partnering with universities and local bodies of government to pull together all of the best information that is currently available, create a database or system to make that data usable, and further research and test new ideas.  This business would be vital to the car companies development of new technology and useful to them in meeting the standards set by the new policies.

One thought on “Lesson 3 What Have We Learned?

  1. The current CAFE (corporate average fuel economy) standards have worked well in the past but it may be time to update the goals that has been set. One thing I have noticed is that the artificial fuel prices here in the United States have the effect of not discouraging wasteful purchases of SUV’s and light trucks for everyday commutes. In the EU the unadjusted fuel costs have not allowed such purchases to be made and people buy vehicles with economy in mind.

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