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10 dollar gasoline will result in more efforts towards alternative energy. Yes. It will do so if the 10 dollar gasoline is a result of taxation. It will also do
by mynameishere 18y ago
10 dollar gasoline will result in more efforts towards alternative energy. Yes. It will do so if the 10 dollar gasoline is a result of taxation. It will also do so if the 10 dollar gasoline is a result of supply and demand. If you want expensive gasoline, you'll get it eventually.
I'm not sure why people don't understand that.
- Andys 18y agoThe danish theory seems to be that if you do it now via tax, you can apply the taxes to make advances in technology for energy efficiency and alternative sources.
- gaius 18y agoYes, that works if you ringfence the taxes, but almost no-one does - we certainly don't here in England (IMHO we should, indeed we are insane not to).
- steveplace 18y agoThe only problem with taxing energy is that it has a disproportionate effect on the lower classes.
- gaius 18y agoWhy is that a problem? The planet doesn't care about the socioeconomic status of polluters, does it?
- steveplace 18y agoNo, but I do.