Is gas tax holiday a terrible idea? This economist says yes
A Northeastern expert believes that a three-month gas tax break, suggested by President Joe Biden, is a bad policy proposal amid an existential environmental crisis.
A Northeastern expert believes that a three-month gas tax break, suggested by President Joe Biden, is a bad policy proposal amid an existential environmental crisis.
Economics & Business
Jun 24, 2022
0
29
President Joe Biden called on Congress to suspend the federal gas tax to "bring families just a little bit of relief" as average gasoline prices exceed US$5 a gallon. The tax is 18.4 cents on regular gasoline and 24.4 cents ...
Economics & Business
Jun 23, 2022
2
4
Oil and gas prices are currently on the rise, raising questions about the security of Switzerland's energy supply. In a policy brief, researchers from the Energy Science Center at ETH Zurich have now shown what Switzerland ...
Environment
Jun 20, 2022
0
24
Driven largely by soaring gas prices, inflation reached levels not seen in decades over the last year, according to new Consumer Price Index data. Prices at the pump helped accelerate inflation to 8.6% for the 12 months ending ...
Social Sciences
Jun 17, 2022
0
17
Pulling up to the pump these days requires a major financial commitment, what with the national average price of gasoline at close to $5 per gallon—and over $6 in California. But while higher gas prices take a bigger bite ...
Economics & Business
Jun 16, 2022
0
3
One consequence of the meteoric rise in the price of fossil gas has been that cooking meals is now much more expensive. In the U.K., food bank users declined potatoes as they couldn't afford to boil them. In Germany, increased ...
Economics & Business
Jun 1, 2022
0
9
The United Nations chief on Wednesday launched a five-point plan to jump-start broader use of renewable energies, hoping to revive world attention on climate change as the U.N.'s weather agency said greenhouse gas concentrations, ...
Environment
May 18, 2022
0
29
Tucked away east of Sudan's capital Khartoum, a sanctuary of lush green vegetation has been a haven for dozens of exotic birds from far and wide.
Ecology
May 17, 2022
0
8
Proponents of degrowth have long argued that economic growth is detrimental to the environment. Now, scientists show that curbing growth alone would not make the food system sustainable—but changing what we eat and putting ...
Environment
May 16, 2022
2
158
The world's demand for natural gas is set to decline slightly in 2022 as a result of higher prices and market disruptions caused by Russia's invasion of Ukraine, according to the International Energy Agency's latest quarterly ...
Economics & Business
Apr 15, 2022
0
9