Comment False Market (Score 1) 891
The salient element missing from TFA (and the abstract of the report, which I haven't read beyond) is that automakers find a higher profit in bigger, more powerful cars (because consumers are willing to pay more for them). Therefore, automakers have a disincentive to create smaller, less powerful, more efficient cars. Thus, under-serving and even removing that choice from the consumer.
It's not true that consumers only want larger, more powerful cars, it's that they are the only ones available to them.
The solution does not lie in what would be a regressive gas tax. The solution lies in forcing the automakers to give consumers a real choice in lighter, more efficient cars. And progressively taxing vehicles with poorer gas mileage.
