Monthly Archives: February 2013

Should We Hike the Gasoline Tax?

This entry was posted in Fuel Efficiency, Gas Tax, Pure Cap-and-Dividend and tagged on by .

Researchers at MIT have released a new report showing that increasing fuel efficiency standards in order to reduce greenhouse gas emissions costs our economy six to fourteen times more than would increasing the gasoline tax. Increasing fuel efficiency standards for new cars, they point out, does nothing to reduce emissions from the existing fleet of older vehicles on the road. A higher fuel tax, by comparison, would encourage all drivers to use less fuel by driving less and aiming for the best mileage possible. A higher gas tax is a tough sell politically because the price hike is highly visible to consumers. In contrast, consumers probably won’t notice the higher cost they pay for a more fuel efficient car – especially because the portion of vehicle cost attributable to efficiency technologies will be impossible to calculate.

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The State of the Union and Pure Cap-and-Dividend

This entry was posted in Obama, Pure Cap-and-Dividend on by .

President Obama surprised many with the attention (158 words!) that he gave to climate change in his inaugural address.  “We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations,” he promised.  Encouraging, yes.  But how we respond matters as much as if […]

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