That's what I thought but I really don't know if my thinking will bear out, or indeed if the government even has the power to stop it if it wants to (see earlier posts about mucking with the tax on it)
That's what I thought but I really don't know if my thinking will bear out, or indeed if the government even has the power to stop it if it wants to (see earlier posts about mucking with the tax on it)
In a way I think the rising fuel costs will help us as a country.
It should push government/companies/people to invest more money into alternatives. The alternatives will become a lot more viable.
We might see a huge increase in biodiesel or hydrogen cars. This would not only help save us money, but save the planet.
I'm not saying abolish normal petrol/diesel cars completely, but having a choice of hydrogen, biodiesel, electric, LPG cars. That is actually economical and viable will definately help!
Of course it is, but the tech just isn't there yet.
You don't move out of your house into the new one before its been built
However I think what we'll see is this spike will end where it ends, it'll drop back to about 10-15% higher than when the spiking started, the it will stabilise and people will forget all about it, adjust and carry on as usual. Then the next spike will happen and the same thing will happen.
Of course, because people are doing "ok" most of the time in the above scenario, public transport will remain crap for a great many people and alternates will not be seriously considered. Consider what manufacturers are doing now, pulling every trick in the book (at the expense of all else?) to get CO2 emissions under xx9 per model as opposed to looking at viable alternates.
So basically cynical old me thinks we're farked either way
There's a thread on petrol prices on MoneySavingExpert at the moment - a poll suggested that (surprise surprise) most people think £1/litre is a fair price for fuel and that fuel duty should be cut to pay for it. 'course, that ignores the fact that other taxes would have to rise to pay for the cut, and garages/fuel suppliers aren't likely to pass on the full reduction.
I live very close to my work, so I don't drive there. I only ever drive for shopping, travelling or when it's snowing. (I'm not a fan of walking in the snow and i'm surprisingly good at driving in the snow.) So I only pay for what I want, not what I need.
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