Symposium 2015: The majority of greenhouse gas emissions come from automobiles. Is it time to institute a carbon pricing system for individuals who drive automobiles?

Cartwright—The solutions are very simple.  First, we need to impose a special gasoline tax on every gallon of gasoline and diesel sold in America.  This tax should be punitive.  In this instance, yes, you should be punished for your behavior.  I’ve long promoted the benefits of higher gasoline prices at the pump.  You have people driving less, capital gets invested in alternative energy and alternative transportation means, with fewer cars on the road there will likely be fewer accidents which should lower insurance premiums, and of course pollution is reduced.  I’ll gladly pay eight or nine dollars per gallon if it means there are fewer crazy drivers on the road every day and at the same time it helps clean up the air.    Continue reading