Environmental Economics: The simple economics of alternative fuels
MARCH 22, 2011
» March 22, 2011 The simple economics of alternative fuels Simple model of energy: As the price of energy source A rises, source B becomes cheaper, relatively. Backers of alternative fuels see a silver lining in rising pump prices. per gasoline gallon equivalent and 60 percent lower carbon emissions - making the switch to CNG is expensive because there is no fueling infrastructure comparable to gas stations.like that.