Tag: "snackwell effect"

Have the Energy Munchies? Curb your "Snackwell Effect"

Have the Energy Munchies? Curb your "Snackwell Effect"

Stanley Jevons first described this conundrum in 1865, when he observed that new efficient steam engines decreased coal consumption, which led to a drop in coal prices. But the lower prices meant that more people could afford to use coal, and so coal consumption increased.

 
Jim Gunshinan

Post on Apr 21, 2009 by