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Re: High oil prices is a good thing Dunder

Posted by laima on August 29, 2006, at 10:17:54

In reply to High oil prices is a good thing, posted by Dunder on August 29, 2006, at 8:29:05


Makes sense to me- maybe higher gas prices will reduce some of those "drive self in SUV 3 blocks to grocery store on gorgeous day to buy one item" style trips, for starters.

I've also heard some encouraging reports that in the US, sales of SUVs are falling already, while sales of hybrid and more fuel efficient cars are climbing.


> Changing the behaviour of individuals with respect to energy usage is a tremendous task. I believe that our governments should create tax systems which tax people in proportion to the environmental damage they cause (in the UK where 75% of the cost of gas is tax we go a small way towards this). The tax revenue should then be earmarked for investment in public transport and alternative energy sources. However, I am a realist and recognize that tough enough government action isn't going to happen fast, if at all. What we need is a rapid response to global warming. Therefore, my hopes lie with market forces. If oil prices continue to rise (I keep my fingers crossed that they do) then investment in alternative energy sources will become more and more attractive to investors. It will also make the millions of pointless car journeys that people lazily take every day seem less affordable.


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