Wednesday, June 04, 2008

The personal cost of the gas price increase

Yesterday's decision by GM to cut SUV and truck production will costs thousands of people their jobs.

Let's not for a moment pretend that shifting to a more energy efficient transportation system in North America will benefit every North American, especially in the short-term. Imagine though, for a moment, that this shift had been happening as a result of a proactive government policy to price carbon or increase efficiency standards. The automakers could be working with the government to transition plants for manufacturing newer efficient vehicles and to retrain workers, rather than closing plants and laying off workers.

A price on carbon. Yes we can?

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