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Appendix
1 Once upon a Time
2 Wreck Economy?
3 Peak Oil?
4 Global Warming?
5 Free, Cheaper?
6 No Free Lunch?
7 Energy Plan
8 Learn from OPEC ♦
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9 World Oil Market
10 Corn vs Climate
11 Synfuels Again?
12 China + Coal
13 Charge OPEC
14 Tax = Market?
15 Cap Politics
16 A Carbon Untax
17 Untax Works
18 Untax is Fair
19 An Oil Untax
20 Fuel Economy
21 Future Tech
22 Throw Money ?
23 Kyoto Broken
24 Global C Price
25 World Cap?
26 Enforcement
 
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Carbonomics:                                                 (Samples of all Chps)
How to Fix the Climate and Charge it to OPEC    (synopsis )
 
 
 
 
 
Chapter 8. Learning from OPEC
 
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Carbonomics PDF
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After a decade's bonanza, the Saudis found their cartel losing its power; its soaring prices had shrunk demand.

William Safire, January 1986

OPEC tripled the price of oil in 1974, then doubled that in 1979. By 1981, a worldwide reaction forced Saudi Arabia, OPEC’s leading supplier, to cut production in order to keep the price from falling below OPEC’s target level. By the end of 1985, Saudi Arabia had been forced to cut production 75 percent and could afford no more cuts. It abandoned the cartel rules, letting the price collapse. This ended a twelve-year price shock that is by far the largest experiment in energy policy ever conducted. The experiment did much harm and, quite by accident, much good as well. ...

 
 
Full chapter      Carbonomics PDF

 
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