Foreword | p. xiii |
Preface | p. xvii |
Acknowledgements | p. xxiii |
Introduction | p. xxviii |
Energy Efficiency and the Economy | p. 1 |
The Critical Role of Energy Efficiency in the Economy | p. 4 |
Energy Use Reduction | |
Environmental Policies Generate Cost Reductions | |
Opposition to Energy Efficiency | |
Establish More Competitive Markets | |
Direct Success in Energy Efficiency | p. 27 |
Early Resistance to Energy Efficiency | |
The Refrigerator Story | |
Other Energy-Efficiency Opportunities | |
How Far Can We Go with Efficiency? | |
Enhanced Innovation-Energy Efficiency's Unexpected Success | p. 63 |
Nonenergy Benefits | |
Innovation, Process Improvement, and Cost Reduction | |
Overcoming Barriers to Innovation | |
National Economic Development Policy and the Environment | |
Environmental Protection, Economic Barriers, and Economic Development | p. 97 |
Economic Fundamentalism-The Use of Economics as a Religion Rather Than a Science | p. 100 |
What Is Economic Fundamentalism? | |
How Economic Theory Serves as a Political Force | |
How Critical Assumptions of Economic Theory Are Violated in Practice | |
The Need for Regulation | |
How Markets Actually Work | |
Lessons from California's Failed Experiment in "Free Markets" for Electricity | p. 135 |
The Road to Failure | |
What Actually Happened-Myth Versus Reality | |
The Consequences of the Restructuring Experiment | |
The True Causes of the California Energy Crisis | |
How Markets Fail | p. 154 |
What Prevents Expected Results | |
Market Barriers | |
Market Failures | |
Human Failures | |
Institutional Failures: Trade Associations and the Politics of Environmental Protection | |
Factors for Market Success | |
The Politics of Environmentalism | p. 183 |
Myths of the Anti-Environmentalists | p. 186 |
The Myth of Independent Objective Analysis | |
The Myths about Environmentalists | |
The Consequences of the Anti-Environmentalist Myths | |
Myths of the Environmentalists | p. 206 |
The Greedy Corporation Myth | |
The "Bad People" Myth | |
The "Small Is Beautiful" Myth | |
Legitimate Concerns of Business and Environmental Interests | p. 217 |
Business's Concerns About New Regulation | |
Reasons Why Business Distrusts Environmentalists | |
Environmentalists' Concerns About Business | |
The Need for Better Communication | |
What Truly Motivates Anti-Environmentalists | p. 231 |
A Story of Energy Efficiency and Global Warming | |
The Influence of Economic and Ideological Incumbency | |
Who Writes the Regulations | |
Government Versus Private-Sector Regulation | |
Well-Designed Environmental Policies | p. 247 |
Current Environmental Policies | |
Future Environmental Policies | |
Where Do We Go from Here? | p. 266 |
Environmental Policy Promotes Economic Growth | |
Current Barriers to Environmental Policies | |
How to Transform the Political Debate | |
Incentives and Regulation | |
Myths and Realities in California's Experiment in Electricity Restructuring | p. 283 |
Huge Growth of Demand for Electricity | |
Environmentalists and State Bureaucrats Blocked New Power Plant Construction | |
Greedy Utilities Used Restrucuting as a Plot | |
The Flaws of Restructuring Were Clear to All | |
Restructuring Did Not Go Far Enough | |
The "Genius of the Market" Will Solve Everything | |
Notes | p. 308 |
Bibliography | p. 319 |
Index | p. 326 |
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