@feld You're addressing to different, though real and relevant problems.
One is under-pricing of fossil carbon fuels. Another is general inequality and inequity, as well as the age-old conflict between _rents_ incomes vs. _wages_ incomes. The rentiers generally win, the wage-earners generally lose.
There are additional taxes you want to impose on the 1%, but you _still_ have to make fossil fuels pay full freight.
@feld So, yes, you're right in "tax the rich". You're wrong in focusing on petrol as a key element of fairness or even relevance to this discussion. Flat truth is that it's been *under-priced* for virtually its entire existence, and with some really staggering instances of how much so.
Unfortunately, we're also in a world that's come to depend on and expect that low price. Even Europe.
But our computers aren't burning petrol. They mostly burn coal and natgas. Some nuke & hydro.
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