Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The idea is to not increase costs far enough and fast enough that it induces noticeable change in the consumption of goods. Because the first behavioral change you would notice if you implemented such a policy would be the voters telling you to vacate the seats of government. Convincing people to shift from car to rail for fulfillment of their transportation tasks is going to be politically quite difficult enough without having to simultaneously convince them to avail themselves of less transportation, heating, electrical appliances, etc.

As for new technology improving efficiency, that's cool. If and when that happens, we can just scale back our expansion plans, or stop replacing plant when its design life expires. But "unspecified technical change will make our life easier at some unspecified future date" is not a policy, it's Oil E. Coyote forecasting.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Oct 16th, 2012 at 04:55:11 AM EST
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