this post was submitted on 30 Jul 2024
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[–] [email protected] 1 points 3 months ago (1 children)

Could you imagine a 40% tax on gasoline to pay for carbon capture?

Yes. Yes I can. Most of the world already pays more than that in tax on petrol anyway.

The UK currently pays 53p/litre in duty, and an extra 20% in VAT, meaning a 145p litre of petrol is currently charged 53% in tax.

Ramp the price up, watch use fall. People will use less. People will buy smaller cars, and travel less, and use public transport. Coddling motorists will fix precisely fuck all.

[–] [email protected] 1 points 3 months ago* (last edited 3 months ago) (1 children)

I think the problem here is that we are so accustomed to our relatively low price at the pump (compared to most of Europe) that cheap gas is almost essential to the survival of the lower and middle class. People who don't have the option to buy a smaller car, or move closer to work (because rent and house costs near job centers are outrageous), or take public transit (because it's non-existent outside the super expensive cities).

Even toying with the idea of a $1.40 tax (and probably more, if we accommodate for the untaxed dyed diesel we use for home heating) would be political suicide for one politician. No way in hell it's getting signed off on by half.

[–] [email protected] 1 points 3 months ago

The demand for public transport won't grow if it's cheaper to take two tonnes of your own metal to work every day.

You don't need to introduce the tax all in one go, ramp it up over several years. Although as always the best time to start doing this was 20 years ago. I guess the second best time is still now though.