The problem is induced demand. By making oil cheaper, you encourage its continue... | Hacker News

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		ashtonkem on June 10, 2021 \| parent \| context \| favorite \| on: TC Energy scraps Keystone XL pipeline project afte... The problem is induced demand. By making oil cheaper, you encourage its continued and increased consumption.

shawnz on June 10, 2021 [–]

I am not saying we should make oil cheaper. That is the point of the taxes. We should be raising the price through taxes, not by blocking the state of the art technologies.

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