Let us have your thoughts on a puzzle. Will rising energy prices have an effect on consumption, or will the public absorb the same, till a point of no-go?
Some point out to show that rising oil prices have not seen many people abandon private travel. In fact the data from last two years actually show a rise of consumption. Well, this could be simply that more people have come into the bracket rather than the same lot have increased consumption. It stands to reason that any savings will draw buyers. So should fossil fuel based power be made more costly, or at least show its real price?
And when talking of oil, one can't avoid talking of diesel and how one segment that uses this susidised fuel is the one that owns high-end vehicles. Should such costly cars be running on subsidised diesel? Should diesel cars be taxed heavily?
Should energy tax be the lone tax in times so heavily dependent on energy? Will that be enough to cater to public services?
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment