Saturday, December 27, 2008

NYT calls for gas tax

A new New York Times editorial calls for a gas tax to keep gas prices high and stimulate innovation in vehicle fuel efficiency. It also mentions the tax on imported crude proposed by Harvard econoguru Robert Lawrence. In the same paper, another article explains how midwestern and mid-Atlantic homeowners are switching back to coal.

No mention is made of the effects on carbon dioxide emissions or climate change in the editorial, while in the business article, there is only a passing reference.

Read between the lines and this juxtaposition of articles shows an entirely different conclusion quite clearly: Americans are beginning to know that they have to wean themselves off oil, but have yet to figure out that coal is not an answer.

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