bravo for higher gas prices
That's what Robert Samuelson thinks politicians should be saying, instead of launching investigations. And he's basically right. Heck, $3.20-something isn't even high enough if, as Samuelson points out, we want to put a dent in carbon emissions from cars or in our dependency on foreign oil.
Our gas and other energy costs are still far cheaper than almost all other countries, discounting a few places like Venezuela that have oil and discount it for domestic consumption and political benefit. Slapping much greater taxes on gasoline, natural gas, and other carbon-based non-renewable energy resources will make alternative energies more competitive and more attractive as investments -- and hey, you can dedicate the extra revenues from those new taxes to research on alternative energy.
So yes, I'll say it. Bravo for higher gas prices.
Our gas and other energy costs are still far cheaper than almost all other countries, discounting a few places like Venezuela that have oil and discount it for domestic consumption and political benefit. Slapping much greater taxes on gasoline, natural gas, and other carbon-based non-renewable energy resources will make alternative energies more competitive and more attractive as investments -- and hey, you can dedicate the extra revenues from those new taxes to research on alternative energy.
So yes, I'll say it. Bravo for higher gas prices.
posted by Don Q Blogger at 9:47 AM
7 Comments:
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