Abstract
The exceptional development of American capitalism was founded upon abundant, cheap and domestic energy resources: coal, oil, natural gas, hydroelectricity and nuclear. The abundance, low prices and low taxes did not encourage energy efficiency. The United States consumes roughly 70 per cent more energy per capita or per dollar of GDP than most other developed countries. The country, which represents 5 per cent of the world’s population accounts for 25 per cent of the world’s energy consumption.
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© 2009 Sophie Méritet and Fabienne Salaün
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Méritet, S., Salaün, F. (2009). The United States Energy Policy: At a Turning Point. In: Chevalier, JM. (eds) The New Energy Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9780230242234_7
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DOI: https://doi.org/10.1057/9780230242234_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36711-5
Online ISBN: 978-0-230-24223-4
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