No, the SUV is NOT Dead
A recent article in Popular Mechanics says [h/t to Instapundit],
After having spent the springs of 2006 - 07 in England, where the price of gasoline/petrol was then the equivalent of about $2/litre or very roughly $8/gallon, I could see that even at those prices, many people still bought and ran the big gas guzzlers. Probably not as many, proportionally, as in North America during that same time, but there were still lots of them.
So even if the price of gasoline in the US reaches $5 or $6, the SUV is not dead.... at least not if the market is allowed to work. Some people will still want to use their income to buy and feed the big SUVs.
But watch for the elitist interventionist enviro-nazis to try to ban SUVs as being socially irresponsible. Those folks will never understand, much less accept, the possible benefits of a Pigou tax on gasoline, should such a tax be appropriate.
Sorry, folks, but the SUV is dead ...Sorry, Pop-Mech, but it isn't.
After having spent the springs of 2006 - 07 in England, where the price of gasoline/petrol was then the equivalent of about $2/litre or very roughly $8/gallon, I could see that even at those prices, many people still bought and ran the big gas guzzlers. Probably not as many, proportionally, as in North America during that same time, but there were still lots of them.
So even if the price of gasoline in the US reaches $5 or $6, the SUV is not dead.... at least not if the market is allowed to work. Some people will still want to use their income to buy and feed the big SUVs.
But watch for the elitist interventionist enviro-nazis to try to ban SUVs as being socially irresponsible. Those folks will never understand, much less accept, the possible benefits of a Pigou tax on gasoline, should such a tax be appropriate.
Category: Economics, Energy, Environment, Gubmnt Posted on
Friday, June 20, 2008 at 1:17pm
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I couldn't have done that on mass transit or with a Prius. Long live the SUV.
20,000 lbs
carbon offset - $119.00
Large cars and trucks
10-18 mpg
If a $4/gallon market price for gas isn't sufficient to make people stop driving an SUV, is $119/year spread out over all those gallons going to do much?
On the plus side, at least the appropriate Pigou tax clearly wouldn't be an economy killer. But if anyone ever notices I wrote that, I'll deny it was me.