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Friday, April 20, 2007
The article reports on Denmark's successful 30-year effort to keep its energy consumption in check. "Through a wide variety of government-driven initiatives, this small northern European country has overcome one thorny challenge of global warming: how to dramatically reduce energy consumption while maintaining a solid growth rate and low unemployment. The downside is higher taxes and costs for businesses and consumers." The article offers a good series of anecdotes about policies and technologies used to reduce energy consumption. The article also offers data about the cost of the programs. For example, A Dane buying a new car must pay a registration fee of approximately 105% of the car's value, plus additional taxes on fuel. Danish companies pay 43% more per megawatt hour of electricity than companies in the U.S., 24% more than in France and 19% more than in England. One interesting comment in the article, "You can't just sit back and wait for market forces to do this for you."
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