Sheetal Gavankar: Presentation and Video

The Rebound Effect

In response to President Obama’s announcement on tougher fuel-efficiency standards and the subsequent prediction of the potential reduction in oil demand, the Numbers Guy from Wall Street Journal wrote on May 27, 2009 : “…..But what if drivers who find that they can go longer on a tank of gas drive more? Would all that additional driving cancel out the environmental benefits the Obama administration is seeking?”