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Title: Capitalism at the crossroads: incentives for resource conservation

Technical Report ·
OSTI ID:7309399

A modified free market (MFM) plan as opposed to both a controlled economy (fuel allocation, etc.) or a free market of unbridled capitalism is advocated as a means of stimulating energy conservation and of more closely meeting U.S. energy demands with domestic energy supplies. The MFM would have the federal government determine rates for various energy commodities and resources based on essentially political assessments of the effects of shortages in supplies. Surcharges for using energy from scarce energy sources in producing goods or services would be collected and then redistributed to the citizens. The benefits expected from the MFM plan are enumerated. (LCL)

Research Organization:
Massachusetts Inst. of Tech., Cambridge (USA). Dept. of Mechanical Engineering
OSTI ID:
7309399
Report Number(s):
NP-22204
Country of Publication:
United States
Language:
English