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inefficiency

On the Inefficiency of Fuel Efficiency Standards

February 11, 2014 by Meredith Fowlie
1

Inefficient Efficiency Standards

Imagine you have just been pulled over for exceeding the speed limit. The officer explains that the penalty for speeding decreases with engine size. Why? Because it is relatively more difficult for drivers of high performance cars to exercise restraint and drive the speed limit. What?![read more]