Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
It's not the absolute level that matters, only the rate of change. We stopped increasing gas taxes in Europe 10 years ago, and look at the results - we're back to big SUVs and increasingly heavy cars. Fuel efficiency is barely a concern, because gas is again cheap, relatively speaking.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Jun 20th, 2007 at 05:54:10 AM EST
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