Thursday, December 02, 2004

Economists: tax gasoline now as insurance against global warming

Tax gasoline about a nickel more per gallon and spend that revenue on renewable energy development -- smart policy from National Science Foundation-funded scientists and economists at the University of Illinois (go Alma Mater).

Here's the article.

Since the oil-soaked White House won't touch this one, and the GOP-led Congress won't either, looks like it is States To The Rescue again.

Illinois should raise the gax tax and fund Illinois-based research on renewable energy. Sort of like Dan Hynes' proposal to tax plastic survery and fund Illinois-based research on stem cells to cure diseases. Tax present consumption to pay for a better future.

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