Greenhouse Gas Taxes to Push Gasoline to $7 a Gallon?

March 3rd, 2010

Via: New York Times:

To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.

To reduce carbon dioxide emissions in the transportation sector 14 percent from 2005 levels by 2020, the cost of driving must simply increase, according to a forthcoming report by researchers at Harvard’s Belfer Center for Science and International Affairs.

Posted in Dictatorship, Economy, Elite, Energy | Top Of Page

3 Responses to “Greenhouse Gas Taxes to Push Gasoline to $7 a Gallon?”

  1. realitydesign says:
    March 3, 2010 at 4:03 pm

    Demand Destruction?

  2. anothernut says:
    March 3, 2010 at 6:53 pm

    Oh MAN do we need a good WAR to set everything straight!

    And if you think that’s a deranged thought of just anothernut (get it?!), say hi to the toothfairy and the easter bunny for me.

  3. oelsen says:
    March 3, 2010 at 8:02 pm

    reality-check with a country that doesn’t completely rely on fossil fuels and thus can tax it:

    http://www.benzin-preis.ch/

    the litre here roughly 1.50$ …

    1 US gallon = 3.78541178 litre

    I wonder if those researchers smoked something.

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