Wednesday, March 03, 2010

Giving Us The Gas

Oh, yes, this will be popular...
To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.

To reduce carbon dioxide emissions in the transportation sector 14 percent from 2005 levels by 2020, the cost of driving must simply increase, according to a forthcoming report by researchers at Harvard’s Belfer Center for Science and International Affairs.

The 14 percent target was set in the Environmental Protection Agency’s budget for fiscal 2010.
I'm going to go out on a limb and say that if gas prices hit $7 a gallon, the administration won't need to worry about the populace being irate over healthcare. They'll be trying to avoid people with pitchforks instead.

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