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Fuel duty increase: Greenwash or green right?

Green Cars News

Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars.

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Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. However, production costs of US corn-ethanol are very high. The gap between the intercept of the ethanol supply curve and the oil price creates large deadweight costs that may overwhelm any external benefits.

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