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Would gasoline be anywhere near something people wanted to use if it was taxed to correctly account for its externalities? Petroleum is a huge industry and the

by MBCook 3y ago

Would gasoline be anywhere near something people wanted to use if it was taxed to correctly account for its externalities? Petroleum is a huge industry and they could make a big problem by getting subsidies to make some other fuel look competitive even though it’s a disaster. Look at biodiesel.

hn_throwaway_99 3y ago
> if it was taxed to correctly account for its externalities? I think you kind of identified the issue there, though. Externalities are notoriously difficult to tax and account for. The issue with EVs is that they are intrinsically better than hydrogen in nearly every way. Even issues with long distance driving and recharging are quickly improving with EVs, and the improvements are happening much faster than anything going on with hydrogen.