THE HORSEPOWER CRASH TO BE EXPECTED IN THE USA

The horsepower of electric motors and other installed prime movers in the USA has increased so dramatically in this century as to probably not be sustainable. This essay examines the explosion from a statistical point of view, considers the feeding problem and then speculates as to whether a horsepower crash will be accompanied by an industrial decline. Rather than let another energy price shock trigger the crash it is suggested that it might be wise for the US Congress gradually to increase the tax on motor fuels to encourage motorists to conserve energy and buy less powerful cars.(A)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/01409883
• Corporate Authors:

  Butterworth Scientific Limited

  Journals Division, P.O. Box 63, Westbury House, Bury
  Guildford, Surrey  England  GU2 5BH
• Authors:
  • Renshaw, E
• Publication Date: 1990

Language

• English

Media Info

• Pagination: p. 89-92
• Serial:
  • Energy Economics
  • Volume: 12
  • Issue Number: 2
  • Publisher: Butterworth Scientific Limited
  • ISSN: 0140-9883

Subject/Index Terms

• TRT Terms: Automobiles; Costs; Demand; Energy conservation; Forecasting; Fuels; Taxes
• Uncontrolled Terms: Increase
• Geographic Terms: United States
• ITRD Terms: 1243: Car; 224: Cost; 285: Demand (econ); 212: Energy conservation; 132: Forecast; 3850: Fuel; 9032: Increase; 268: Tax; 8122: USA
• Subject Areas: Energy; Environment; Finance;

Filing Info

• Accession Number: 00605914
• Record Type: Publication
• Source Agency: Transport and Road Research Laboratory (TRRL)
• Files: ITRD, TRIS
• Created Date: Mar 31 1991 12:00AM