I've been making the argument that fuel taxes are more effective than efficiency rules for many years
As long as fuel remains comparatively cheap, people will not change their behavior and drive more efficient vehicles, they will always go for the most bang for the buck. Raise the pump price of fuel and people will use less.
The Key To Lowering Fuel Consumption Isn’t The Car, It’s The Gas Tax
In this year’s State of the Union, President Obama touted the fuel efficiency of cars as a way to promote the advance of American energy and an indication the country is on its way to reducing relian…
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Raising the pump price also has the added consequence of making your food more expensive as well as every other good or service you need. Folks who have good paying jobs would be impacted by this, the poor and fixed income elderly would be devastated. That, I believe, is the real fallout or raising pump prices.
On the other hand, raising the price of food in this way would provide an incentive to eat more locally grown real food in season and avoid heavily-processed, remotely grown food thus contributing to better public health.