A new opinion editorial argues that President Joe Biden should strive to keep gas prices at their current levels as a measure to reduce carbon dioxide emissions by disincentivizing the use of gasoline-powered private transportation.
In the op-ed, “The Earth Wants Biden to Keep Gas Prices High,” originally published on Bloomberg, economics journalist Eduardo Porter argues that Biden should endeavor to keep gas prices at around $5 per gallon in order to reduce fossil fuel consumption and carbon dioxide emissions.
While Porter admits that such a move is “unlikely,” he insists that so doing would be an effective measure to reduce emissions of carbon dioxide, which many environmental activists claim is largely responsible for manmade climate change….