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Any fuel price that does not fully cover the externalities of extracting and burning said fuel is artificially low rather than artificially high. Right now, the
by Sharlin 5y ago
Any fuel price that does not fully cover the externalities of extracting and burning said fuel is artificially low rather than artificially high. Right now, the price of hydrocarbon fuels is artificially low everywhere on Earth. Even in the EU.
- wcoenen 5y ago> Right now, the price of hydrocarbon fuels is artificially low everywhere on Earth. Even in the EU Just to provide some context to Americans: the typical price of gasoline in the EU is currently about 1.5 euro/liter, which translates to more than 6.6 dollar/gallon.