General Discussion
In reply to the discussion: America's Epidemic of Massacres Is a Sign of a Collapsing Society [View all]oioioi
(1,130 posts)Coal-powered industrialization made economies of scale and global transportation possible.
Unfortunately the true total cost of emissions (climate change) was never recognized within our economic and accounting models. They accounted only for the cost of production (land, labor and capital). As the consequent climate change is now upon us, it's increasingly apparent that this fundamental calculus must include emissions - otherwise we'll inevitably kill the goose that laid the golden egg - the conditions on earth necessary to sustain life as we know it.
The US consumes more gasoline - by far - than any other country in the world - the consumption statistics are astonishing:
https://www.indexmundi.com/energy/?product=gasoline&graph=consumption&display=rank
Gasoline in the US is cheaper than practically anywhere in the developed world:
https://www.globalpetrolprices.com/gasoline_prices/
Yet Americans consider current prices too high. This would be laughable if the implications weren't so serious for humanity. It isn't funny at all.
The current rate of emissions is clearly unsustainable. The price of fossil fuels should reflect this. An immediate re-tooling of the entire taxation system is needed to substantially increase prices. It's an emergency. And it is, indeed, an inconvenient truth.