10-06-2016, 07:27 AM
When, not if, the price of oil doubles and triples
The solution is not to subsidize non-oil sources, but to heavily tax oil so that its "price" reflects the true "cost" -- we're already paying huge subsidies for oil, but it's all accounted for elsewhere, so we can't see how much it really costs.
The solution is not to subsidize non-oil sources, but to heavily tax oil so that its "price" reflects the true "cost" -- we're already paying huge subsidies for oil, but it's all accounted for elsewhere, so we can't see how much it really costs.