The Journal of Public and International Affairs
Published since 1886 by the Academy of Political Science
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pp. 287-313
The Challenges of Decreasing Oil Consumption
STEVE A. YETIV AND ERIC S. FOWLER quantify the benefits for the United States of achieving hybrid-like efficiency in its vehicle fleet. They show not only how important such a move can be, but also that if Chinese consumers continue to buy inefficient vehicles at a fast pace, they will sap America's efficiency gains rather quickly. They argue that oil dependence is not only an American, but also a global problem that cannot be addressed seriously without multilateral cooperation.
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