Monday, May 5, 2008

From Paul Krugman's Blog

May 3, 2008, 3:14 pm
Oil conservation: getting over the hump
Trade in your SUV — the
answer to high oil prices is here!
Farmers in the Indian state of Rajasthan are rediscovering the humble camel.
As the cost of running gas-guzzling tractors soars, even-toed ungulates are making a comeback, raising hopes that a fall in the population of the desert state’s signature animal can be reversed.

Market prices for these “ships of the desert”, which crashed with the growing affordability of motorised transport, are rising again as oil prices soar.
A sturdy male with a life expectancy of 60-80 years now fetches up to Rs40,000 ($973), compared to Rs5,000-Rs10,000 three years ago, according to Hanuwant Singh of the Lokhit Pashu-Palak Sansthan, a non-profit welfare organisation for livestock keepers. Entry-level tractors cost around $4,000.
Unfortunately, I don’t think there’s camel parking in the Prospect Street garage.

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