3 errors in one New York Times sentence. Is that a record?
Today's New York Times contains this howler in an article by David Leonhardt.
"The only reliable way to cut oil use—to reduce the flow of money to Iran, Russia and Saudi Arabia, to reduce the odds that the planet just keeps getting hotter—is to make oil more expensive."
I offered the following comment online, but it was not posted. Too many facts? Embarrassing to a Times public policy choice? At last count 206 comments to the article had passed the Times' rigorous standards, whatever they are.
In this sentence "reduce" means "increase," right? As crude oil prices have doubled, the exporters have not reduced their output because any reduction in US demand is being offset by increased demand in China and India. So the flow of money to problematic producing nations has doubled since a year ago. If over time these price levels forced worldwide demand down, by say 20%, the flow of money to producing nations at current prices would still be 60 percent higher than it was a year ago.
High prices are not the "only" way to cut oil use. CAFE standards worked brilliantly in the past to limit highway fuel (and crude oil) consumption at times when real gasoline prices were at historic lows. Effectiveness and Impact of Corporate Average Fuel Economy (CAFE) Standards, National Research Council (2002). http://www.nhtsa.dot.gov/CARS/rules/CAFE/docs/162944_web.pdf EPA's 2007 report is here. http://www.epa.gov/oms/cert/mpg/fetrends/420s07001.htm And the EIA chart on real gasoline prices is here. http://www.eia.doe.gov/emeu/steo/pub/fsheets/real_prices.html Building and appliance efficiency standards adopted in the 1970s and later were also very effective in limiting the growth of oil consumption in the US. This report by McKinsey & Co. shows the great potential for further efficiency gains that could be mandated and would pay for themselves. http://www.mckinsey.com/clientservice/ccsi/pdf/US_ghg_final_report.pdf
Expensive oil is not a "reliable" way to cut oil use. A lot of people think oil prices will stay high, but nobody knows. High oil prices affect the whole economy, not just vehicle purchase decisions and driving habits, and that can cause big swings in oil demand and prices.
So there are three errors in just one NYT sentence. Is that some kind of record?
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