Public policy and climate change

John Quiggin argues that a dramatic reduction in (carbon-based) fuel use can be accomplished via an accumulation of small reductions through a combination of price responsiveness and public policy.

Adding all of these modest changes together would yield a reduction in fuel use of more than 50 per cent Some of these changes would be imperceptible, others would require marginal adjustments over a couple of decades. Taken all together, they would be barely noticeable relative to the changes in lifestyle that most people experience over such a period.


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