I think this take is quite short sighted. We can do progressive taxation without squeezing the lower income individuals, and green energy adoption didn’t stop during the low oil price years of the mid 2010s.
It’s all public policy, and as long as there’s an incentive system towards either green energy or fossil fuels the price of oil itself doesn’t matter. The US is not progressing any faster towards renewables just because fuel is more expensive, if anything oil companies now have more cash to buy politicians with.
Our planet, this magnificent ball of materials, doesn't give a damn. The biosphere that lives on it does though.the headline":2qclzjsa said:High fossil fuel prices are good for the planet
Clearly reasoned analysis that is possible to implement if one has total control of all economies across the globe. However as we presently are configured as nation states instead of a global economy, this will simply allow China to continue to use the more inexpensive forms of fuel provided by other countries outside of the western sphere of influence. China can then seal their influence around the world with their Belt and Road Initiative as they become the dominant world power. This may of course require that many in the west attend reeducation camps.
I think this take is quite short sighted. We can do progressive taxation without squeezing the lower income individuals, and green energy adoption didn’t stop during the low oil price years of the mid 2010s.
It’s all public policy, and as long as there’s an incentive system towards either green energy or fossil fuels the price of oil itself doesn’t matter. The US is not progressing any faster towards renewables just because fuel is more expensive, if anything oil companies now have more cash to buy politicians with.
I believe it is the exact opposite. It is taking a long-sighted approach to solving our most critical issue; Not Inflation,....Extreme Climate change.
We have to get global temperatures below a 2C, and it wont happen without drastic change. And human history has consistently shown we humans resist change unless it is forced on us and we have to adapt. High fuel prices and inflationary pressures due to high fuel prices might be just the medicine we all need to take today to force the change we need to make for tomorrow.
Most of the waste is generated by industrial inefficiencies caused by poorer countries who can’t afford to use cutting edge processes that reduce waste.
For the most part, I would be just fine with using public transportation...if it existed in my area. The problem here is, we are forcing people to use public transportation and it either doesn't exist or is in such poor repair it causes even more problems. If we (United States) would be proactive and build out public transportation, this would have a far smaller impact on people...at least in high population areas. That of course leaves people such as farmers and rural living people out of the equation, no one is interested in making any kind of dependable public transportation available for those folks.
Most of the waste is generated by industrial inefficiencies caused by poorer countries who can’t afford to use cutting edge processes that reduce waste.
Nonsense; Rich countries produce by order of magnitudes, most of the environmental pollution on the Earth.
I totally agree with this analysis. The increase in gas prices is a long term blessing in disguise.
+1 | AwfulFeeling a little lightheaded when pulling up to the pumps?
Are you sweating while pumping your gas?
Feeling really sick when paying for it?
If so, you have a verified case of Carownervirus.
I'll show myself out.
Oh yeah, I’ll rush out to buy a $30K electric vehicle with a 7 year, 4%+ interest auto loan and show gas companies who the real boss is.
Thats great and all but the price of EVs is extremely high and the waiting list can be 12-24 months right now.
Oh yeah, I’ll rush out to buy a $30K electric vehicle with a 7 year, 4%+ interest auto loan and show gas companies who the real boss is.
I'm at least a couple years away from buying a new car. I might have been in the market by now, but see above - WFH has greatly reduced my need for a car, and the mileage I'm putting on my current one. And, right now probably isn't a great time for a new car purchase, for a lot of reasons.
But when the time arrives that I feel a new car is more of a need than a want, I will definitely be looking hard at EVs in preference to ICE vehicles. Especially given a couple more years of development, and the increases in competition we're already seeing.
I also agree, however, with those who've pointed out that the article's thesis works just fine - if you're already well off. Such policies are unworkable when it comes to those who aren't in such an advantageous financial situation.