Word: conservationism
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On energy, Kennedy originally opposed ending Government regulation of crude oil prices, calling decontrol "the worst form of rationing because it is rationing by price." Nowadays, however, he seems resigned to Carter's decision to abolish price controls. Kennedy is also skeptical of Carter's synthetic-fuels program. The Senator...
The soaring profits of the private oil companies certainly deserve examination. But the question should be whether the price is high enough to stimulate conservation and whether the profit is being put into exploration, for only if the U.S. saves and produces more energy can it ease OPEC's...
ANY REASONABLE ENERGY PLAN must stress conservation and a wide variety of renewable energy sources. Our energy choices should not be determined by what is most profitable to the oil companies; the environmental and social costs of any energy alternative must also be carefully weighed.
The Senate has approved a tax credit of up to $300 for the purchase of conservation devices that will go into effect next year; the bill's scope should also be expanded to subsidize conservation for people who can't afford to invest any money in such efforts. There should...
Instead of fooling with "monetary aggregates" and free-floating interest rates--which the public doesn't understand, and would probably fight if it did--the federal government could take steps to enforce gasoline conservation, either directly by legislated requirements for Detroit or indirectly by an exorbitant gas tax that would...