And the free market is bringing it. Nuts to you, Bob Brown.
Amory Lovins in Foreign Affairs:
U.S. gasoline demand peaked in 2007; the oil use of the countries of the Organization for Economic Cooperation and Development peaked in 2005. With China and India pursuing efficient and electric vehicles, Deutsche Bank forecast in 2009 that world oil use could begin to decline after 2016. In fact, the world is nearing “peak oil” — not in supply but in demand. Oil is simply becoming uncompetitive even at low prices before it becomes unavailable even at high prices.
I also want to throw in this story, for good measure:
In 1850, most U.S. homes used whale-oil lamps, and whaling was the country’s fifth-biggest industry. But as whale populations dwindled, the price of whale oil rose, so between 1850 and 1859, coal-derived synthetic fuels grabbed more than five-sixths of the lighting market. In 1859, Edwin Drake struck oil, and kerosene, thanks to generous tax breaks, soon took over. Whalers, astounded that they had run out of customers before they ran out of whales, begged for federal subsidies on national security grounds, but Thomas Edison’s 1879 invention of electric lighting snuffed out their industry. Whales had been accidentally saved by technological innovators and profit-maximizing capitalists.
Energy efficiency is strategically important, but it also saves money. There is no need for Government to start saving the world here, human innovation is doing it just fine, thank you.