General Article High fossil fuel prices are good for the planet – here’s how to keep them high while avoiding riots

Topic Selected: Energy Book Volume: 413

High fossil fuel prices are good for the planet – here’s how to keep them high while avoiding riots or hurting the poor

Neil McCulloch, Institute of Development Studies

In the UK, it now costs more than £100 to fill up a typical family car with petrol, and oil prices could rise even further. But are such high prices for fossil fuels a bad thing? While attention is focused on measures to tackle the global cost of living crisis, there has been much less focus on a very uncomfortable truth – tha...

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