Gradually-increasing gas tax that’s buffered against price shocks
May 25, 2013Spread the love
Tweet That’s the answer. The question is what’s better environmentally and economically than the current situation of an inadequate gas tax and a price that swings widely. We need to increase the gas tax, a lot, to cover the economic externalities, decrease overconsumption, accelerate the transition away from internal combustion engines, and pay for infrastructure previously paid for by gas taxes on inefficient engines.
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Gradually-increasing gas tax that’s buffered against price shocks