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Gasoline at $6 vs. warming? »
Posted by: STONERS 2 years, 7 months agoIt's hard to say which is scarier -- apocalyptic global warming scenarios or the economic impact of some of the proposals designed to prevent them.
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STONERS
April 9, 2007, 11:32 a.m.Although the U.S. isn't party to the Kyoto Protocol, several bills introduced in Congress seek to replicate Europe's strategy of setting limits on CO2 emissions. Proponents are big on bluster about saving the Earth but are sketchy as to the cost, especially the price per gallon it would take to get vehicle emissions in line with their emissions targets. But to meet their stringent targets, gasoline usage will have to decline substantially, and if $6 per gallon isn't high enough to accomplish that in Europe, what would it take in the United States?
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