The First Rule and why it would work

Type of content
Conference Contributions - Published
Publisher's DOI/URI
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Degree name
Publisher
University of Canterbury. Mechanical Engineering.
Journal Title
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Volume Title
Language
Date
2008
Authors
Krumdieck, S.
Abstract

The scientific evidence is unequivocal: immediate, drastic and substantial reductions in fossil fuel combustion must be achieved to avert catastrophic climate disruptions. The geologic evidence is conclusive: oil is finite. Politics and economics have had more than twenty years to respond to these imperatives. What would an engineering solution look like? This paper examines a hypothetical strategic policy derived by applying the first rule of engineering. The resulting analysis demonstrates that the most efficient and cost effective way to reduce transport fuel combustion is to reduce the quantity of fuel used directly through an upstream instrument, an import restriction quota. The First Rule calls for a 10% import quota reduction in transport fuel imports in 2009, and a further 10% reduction in 2011.

Description
Citation
Krumdieck, S. (2008) The First Rule and why it would work. Wellington, New Zealand: NERI Energy, Transport and Sustainability Symposium, 26-27 Jun 2008. 9pp.
Keywords
Fuel Supply Reduction Risk, Demand Response
Ngā upoko tukutuku/Māori subject headings
ANZSRC fields of research
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