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The United States Energy Policy: At a Turning Point

In: The New Energy Crisis

Author

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  • Sophie Méritet
  • Fabienne Salaün

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.

Suggested Citation

  • Sophie Méritet & Fabienne Salaün, 2009. "The United States Energy Policy: At a Turning Point," Palgrave Macmillan Books, in: Jean-Marie Chevalier (ed.), The New Energy Crisis, chapter 6, pages 173-201, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-24223-4_7
    DOI: 10.1057/9780230242234_7
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