 | EVcast #322: Economics of Alternative Fuelsposted by Joseph Lado, EVcast Individual SupporterThursday, February 4th 2010 @ 11:49 PM (not yet rated) |
You will never think of taxi cabs, pizza and hot dogs in the same way again.
Do you ever ask yourself, how did it come to pass that we ended up with only petroleum as the only fuel to power our cars? If you haven't start asking yourself now. I'll wait. Did you come up with an answer? Neither do I. That would lead us into conspiratorial thinking and we can never do that. So what I do is talk about what are some classic concepts in economics as a way to think about alternative fuel.
You can ask yourself, will alternatives make it into the market? What impact will they have on fuel markets? Go ahead. ... Finished thinking? Good.
If you were having a hard time with finding answers to these questions you are not alone. They are hard to answer. What I do in this podcast is to give you some down to earth pizza and hot dog examples of economics and then apply those simple economic principles to the alternative fuel market.
See if you agree with me or not. Have fun listening.
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