Fossil fuels are rarely priced to include their external costs. Carbon emissions, air pollution, and environmental degradation are massive bills that are simply passed on to future generations.
Lowering the cost of a commute feels like an immediate raise. CHEAP FUEL
When oil is cheap, the urgency to innovate disappears. Low prices at the pump historically slow the adoption of electric vehicles, hydrogen research, and renewable energy grids because the financial incentive to switch evaporates. Fossil fuels are rarely priced to include their