2008-08-10
Denmark Thrives with High Gas and Carbon Taxes. Commentary by Thomas L. Friedman, NYTimes, August 9, 2008."Unlike America, Denmark, which was so badly hammered by the 1973 Arab oil embargo that it banned all Sunday driving for a while, responded to that crisis in such a sustained, focused and systematic way that today it is energy independent... Danes imposed on themselves a set of gasoline taxes, CO2 taxes and building-and-appliance efficiency standards that allowed them to grow their economy -- while barely growing their energy consumption -- and gave birth to a Danish clean-power industry that is one of the most competitive in the world today... There is little whining here about Denmark having $10-a-gallon gasoline because of high energy taxes."
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