Daily Archives: March 4, 2010

Fuel Taxes Must Rise, Harvard Researchers Say

New York Times

By SINDYA N. BHANOO
Thursday, March 4, 2010

To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.

To reduce carbon dioxide emissions in the transportation sector 14 percent from 2005 levels by 2020, the cost of driving must simply increase, according to a forthcoming report by researchers at Harvard’s Belfer Center for Science and International Affairs.

The 14 percent target was set in the Environmental Protection Agency’s budget for fiscal 2010. Continue reading

Categories: America, Cap & Tax, Democrats, government, money, people, taxes | Tags: | Leave a comment

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