Monday, May 14, 2012

Southwest airlines wins Environmental award

Southwest Airlines wins environmental award as they realize that saving fuel can be quite lucrative, similar to what Amory Lovins has been saying.  Unfortunately, cheaper flights mean more demand for air travel and we could face a Jeavon's Paradox.  Herman Daly notes that the market cannot define the appropriate scale of an economic system or industry in relation to the ecosystem, it can only allocate factors of production.

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