International bodies suggest 20 is plenty to mitigate consumer pain while oil prices soar.
Britain's Institute for Public Policy Research and the International Energy Agency alike have a recommendation that might be music to many urban planners' ears: to combat soaring oil prices, cut speed limits.
"Capping legal speeds at 20mph in towns and cities and 60mph on motorways would help reduce fuel demand and combat soaring oil prices triggered by conflict, according to the Institute for Public Policy Research (IPPR)," The Guardian reports, noting that the International Energy Agency has already advised its member countries, including the UK, to consider the same.
The IPPR pitched the idea as "a dual win," suggesting the policy move "should be packaged with advice on how to drive more efficiently alongside recommendations for increased home working and carpooling.”
FULL STORY: Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges
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