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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (81454)	9/2/2008 5:03:28 AM
From: Stan J. Czernel	Respond to of 542967

Steve, Regarding, You fail to understand that the price of oil is flexible. We should have had a much higher tax on oil - like much of Europe does I feel that Cap-and-Trade for carbon credits is a good way to get industry to innovate to reduce their carbon footprint. But I wasn't writing a comprehensive treatise on the subject. (For example, I believe that air pollution additions to power plants (like scrubbers) ought to expensed - rather than treated as capital improvements - to encourage their use.) I do believe that higher gas taxes are a good idea - but it is a regressive tax,and I would like it to be revenue neutral. There is much to discuss in this regard. I was merely responding to hobo's comment.