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He didn't say it was due to more efficient motors. Just compare the average MPG of the cars on US roads, running on subsidized gasoline, vs. those on European r
by zeroname 8y ago
He didn't say it was due to more efficient motors. Just compare the average MPG of the cars on US roads, running on subsidized gasoline, vs. those on European roads, running on heavily taxed gasoline.
- merpnderp 8y agoGasoline in the US is taxed not subsidized.
- marpstar 8y agoKind of. The ethanol that's put into the gasoline is derived from corn, which is heavily subsidized in America.
- Gustomaximus 8y agoAn interesting question for this is will governments start with 'electricity tax'. There will be a ~$40bn revenue hole from cars swapping to electric in USA. Even proportionally more in Europe and Australia where the fuel taxes are much higher. https://www.statista.com/statistics/249129/us-state-and-local-motor-fuel-tax-revenue/ https://www.statista.com/statistics/249129/us-state-and-loca...