Monday, December 21, 2009

The benefits of oil embargoes

Tonight I learned from Thomas Friedman that Denmark launched its clean tech industry after the 1973 Arab oil embargo.  As a result, today Denmark has the highest energy efficiency in Europe and it is a major exporter of clean tech products.

1 comment :

Nobody said...

TF is the right guy. He makes a lot of sense. Revenue neutral tax swap is the way to go. But he is right about sub optimal solutions, something is very wrong with their system. They can hardly get anything done right these days.