[lbo-talk] A Case for a Higher Gasoline Tax

Doug Henwood dhenwood at panix.com
Tue Jan 10 13:40:18 PST 2006


jmhayes at j-o-r-d-a-n.com wrote:


> > What's wrong is that the price of oil doesn't reflect the
>> environmental damage it does. Externalities and all that.
>
>As opposed to everything else that does capture this cost? Like farming?
>
>Anyway, you know we're going to burn all of it, no matter if it's
>$60/bbl or $600. You're not going to "convince" people to stop
>burning it until there's something more profitable to burn. Our
>only hope is to get there sooner rather than later.

I don't know how to tell you this, but if we burn all of it we will die. Or something nearly as bad.

Doug



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