The first rule and why it would work [reducing transport fuel use]

The scientific evidence is unequivocal: immediate, drastic and substantial reductions in fossil fuel combustion must be achieved to avert catastrophic climate disruptions. The geologic evidence is conclusive: oil is finite. Politics and economics have had more than twenty years to respond to these imperatives. What would an engineering solution look like? This paper examines a hypothetical strategic policy derived by applying the first rule of engineering. The resulting analysis demonstrates that the most efficient and cost effective way to reduce transport fuel combustion is to reduce the quantity of fuel used directly through an upstream instrument, an import restriction quota. The First Rule calls for a 10 per cent import quota reduction in transport fuel imports in 2009, and a further 10 per cent reduction in 2011.

• Record URL:
  http://www.neri.org.nz/news-and-events/events/energy-transport-and-sustainability-symposium/
• Authors:
  • Krumdieck, S
• Conference:
  • Energy, Transport and Sustainability Symposium, 2008, Wellington, New Zealand
• Publication Date: 2008-6

Language

• English

Media Info

• Pagination: 8p
• Monograph Title: Energy, transport and sustainability: discovering pathways to 2040, 26-27 June 2008, Wellington, New Zealand

Subject/Index Terms

• TRT Terms: Economics; Energy conservation; Environment; Fuel consumption; Policy
• Uncontrolled Terms: Planning and Environment
• Geographic Terms: New Zealand
• ATRI Terms: Energy conservation; Environment; Fuel consumption; Fuel economics; Policy; Transport economics
• Subject Areas: Economics; Energy; Policy;

Filing Info

• Accession Number: 01385584
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Aug 22 2012 7:01PM