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New York Times, by Thomas L. Friedman, December 27, 2008
For our long-term health, getting re-addicted to oil and gas guzzlers is one of the dumbest things we could do. That is why I believe the second biggest decision Barack Obama has to make — the first is deciding the size of the stimulus — is whether to increase the federal gasoline tax or impose an economy-wide carbon tax. Best I can tell, the Obama team has no intention of doing either at this time. This is Obama's best window of opportunity to impose a gas tax. And he could make it painless: offset the gas tax by lowering payroll taxes, or phase it in over two years at 10 cents a month. But if Obama, like Bush, wills the ends and not the means — wills a green economy without the price signals needed to change consumer behavior and drive innovation — he will fail. To continue with article to go: http://www.nytimes.com/2008/12/28/opinion/28friedman.html?ref=opinion |