Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder

Exercise 27

U.S. politicians have been touting the need for ''energy independence'' (reducing reliance on imported foreign oil) achieved in part by the use of alternative fuels and in part by consumer conservation. Suppose reluctance of consumers to make investments in conservation is due to lack of information or foresight.What sort of government policies might work to increase conservation?