Yes, gas prices are up. But cutting the gas tax is
not the answer.
https://www.washingtonpost.com/opinions/2022/02/10/gas-prices-up-tax-holiday-not-the-answer/
Catherine Rampell notes:
Already, the price of gasoline doesn’t reflect the fuel’s full cost to society from carbon emissions and other pollution. Further subsidizing gasoline — with the biggest benefits going to people with the least fuel-efficient vehicles — isn’t helpful. In the long run, we want incentives that entice people to shift their behavior toward less greenhouse-gas-intensive technologies. Not an implicit government guarantee that gas will always stay cheap.
https://www.washingtonpost.com/opinions/2022/02/10/gas-prices-up-tax-holiday-not-the-answer/
Catherine Rampell notes:
Already, the price of gasoline doesn’t reflect the fuel’s full cost to society from carbon emissions and other pollution. Further subsidizing gasoline — with the biggest benefits going to people with the least fuel-efficient vehicles — isn’t helpful. In the long run, we want incentives that entice people to shift their behavior toward less greenhouse-gas-intensive technologies. Not an implicit government guarantee that gas will always stay cheap.
What is the ‘social cost of carbon’?
The Great Climate Backslide: How Governments Are
Regressing Worldwide
https://www.bloomberg.com/news/articles/2022-02-11/climate-action-suffers-from-china-to-u-s-as-politics-hits-energy-crisis
https://www.bloomberg.com/news/articles/2022-02-11/climate-action-suffers-from-china-to-u-s-as-politics-hits-energy-crisis