Articles by Charles Komanoff
Charles Komanoff is the co-founder of the Carbon Tax Center. For more information, click here.
All Articles
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Why it took us so long to internalize the rise in gas prices
With gas at $3.50 a gallon in April, the U.S. mainstream media is replete with stories of drivers abandoning SUVs, hopping on mass transit, and otherwise cutting back on gasoline. Yet a year or two ago, when pump prices were approaching and even passing the $3.00 "barrier," the media mantra was that demand for gasoline was so inelastic that high prices were barely making a dent in usage.
Which story is correct? I lean toward the more "elastic" view, and here I'd like to share some of the data that inform my belief.
I've been tracking official monthly data on U.S. gasoline consumption for the past five years and compiling the numbers in this spreadsheet. You'll find that it parses the data in several different ways: year-on-year monthly comparisons (e.g., March 2008 vs. March 2007), three-month moving averages that smooth out most of the random variations in reporting, and full-year comparisons that allow a bird's-eye view.
Here's what I see in the data:
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CBS/Times poll: We reject gas-tax holiday
The margin was narrow -- 4 percentage points. And 5 percent of those polled didn't choose sides. But a CBS News/NY Times poll released Sunday just might signal the moment when Americans began to grasp the intertwined realities of climate, energy and national security.
The poll [PDF] found that 49 percent of Americans think suspending the gasoline tax this summer is a bad idea, while 45 percent approve of the plan (see Question 49).
If memory serves, this is the first time in at least a generation that the American public expressed a willingness to be taxed more rather than less for energy.
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Energy prices that tell the truth: the real presidential litmus test
Calling all greens: Barack Obama, battling to remain the front-runner in the Democratic presidential primary, this weekend took on the most sacred cow in American politics: cheap gas.
Campaigning in Indiana, Obama distanced himself from the gas tax "holiday" proposed by Sen. John McCain, saying it may not bring down prices and would require raising other taxes to pay for highway maintenance.
"The only way we're going to lower gas prices over the long term is if we start using less oil," Obama said in Anderson.
McCain pounced, saying through a campaign spokesman that "Americans need strong leadership that can deliver lower gas prices and a healthier economy, not Barack Obama's inexperience and indecision." Obama's Democratic rival, Sen. Hillary Clinton, did likewise, unveiling a new ad calling for suspension of the gasoline tax -- a proposal first advanced by McCain on April 15.
As U.S. political campaigns go, the contrast between McCain-Clinton's playing the gas-tax card and Obama's brave clarity couldn't be clearer.
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Your last chance to be heard about Cape Wind
A friend once described Nantucket Sound as a body of water surrounded on three sides by money. The outcome of the six-year-long effort to use a small part of that water to house a 130-turbine, 468-megawatt wind farm -- still the largest proposed renewable-energy project in the eastern U.S. -- will help determine whether we, as a nation, are serious about confronting the climate crisis.
The federal agency in charge of the formal review of the Cape Wind project, the Minerals Management Service, is receiving public comments through Monday, April 21. It's the last opportunity for ordinary citizens to outshout the Kennedys and other plutocrats who would rather keep subjecting Cape Cod waters to oil tanker spills than sully their viewsheds with matchbox-sized spinning blades (which is how they'll appear from land).
The Cape-based citizens group Clean Power Now ("It's not the view, it's the vision") has an e-mail form you can fill out in a few seconds to register your support. If you prefer to compose your own message, use this form from the project developers, Cape Wind. That's how I beat the deadline with my comments, below.