Gas Taxes and Climate Change


GAS TAXES AND CLIMATE CHANGE….The Washington Post editorializes today about Barack Obama’s recent actions to increase fuel economy standards. They appreciate the sentiment, but:

Unfortunately, the regulatory action that Mr. Obama set in motion is not the best, or even the second-best, approach to curbing climate change. It risks creating conflicting standards across the country and further stressing the domestic auto industry while accomplishing less than could be achieved with a simple tax increase on gasoline.

This is just flatly ignorant. The environmental policy community almost unanimously supports carbon pricing, including measures like increasing the gasoline tax, but I don’t think you’d find a serious analyst in the country who thinks that a price increase at the pump is more effective at reducing gasoline use and GHG emissions than an increase in mileage standards. It would probably take a tax of three or four dollars a gallon to have the same effect on emissions as an increase in CAFE standards to 35 mpg, and we all know that’s not going to happen anytime soon.

The Post editorial page needs to think before they write. Carbon pricing is an important backbone for any climate change policy, but there are lots and lots of places where ordinary regulation is cheaper, faster, and far more effective than a tax, and increasing auto mileage standards is one of them. We need them both, and Obama did the right thing here.

One More Thing

And it's a big one. Mother Jones is launching a new Corruption Project to do deep, time-intensive reporting on the corruption that is both the cause and result of the crisis in our democracy.

The more we thought about how Mother Jones can have the most impact right now, the more we realized that so many stories come down to corruption: People with wealth and power putting their interests first—and often getting away with it.

Our goal is to understand how we got here and how we might get out. We're aiming to create a reporting position dedicated to uncovering corruption, build a team, and let them investigate for a year—publishing our stories in a concerted window: a special issue of our magazine, video and podcast series, and a dedicated online portal so they don't get lost in the daily deluge of headlines and breaking news.

We want to go all in, and we've got seed funding to get started—but we're looking to raise $500,000 in donations this spring so we can go even bigger. You can read about why we think this project is what the moment demands and what we hope to accomplish—and if you like how it sounds, please help us go big with a tax-deductible donation today.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate