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Monday, July 5, 2010

Keeping Fuel Prices Permanently High?

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UK's Committee on Climate Change ...

The UK's Committee on Climate Change believes that the government should step in to keep fuel prices permanently high, a move that should force drivers to buy something more efficient. The commission suggests that the government sets minimum prices for both gasoline and diesel fuel. As the committee's chief executive David Kennedy remarked, "We know that people buy more efficient cars if the petrol price remains consistently high." But Kennedy's thoughts are not supported by the UK's Automobile Association president Edmund King. As King said, the committee's plans are "unrealistic." "People are already moving to more fuel efficient cars so there is no need to punish them by keeping the cost of fuel excessively high," he said. There are other ways to easily convince buyers to make the right choice.

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