Research

In 2008, Energy Secretary Chu Said “Somehow We Have To Figure Out How To Boost The Price Of Gasoline To The Levels In Europe.” “In a sign of one major internal difference, Mr. Chu has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work. ‘Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,’ Mr. Chu, who directs the Lawrence Berkeley National Laboratory in California, said in an interview with The Wall Street Journal in September.” (Neil King Jr. and Stephen Power, “Times Tough For Energy Overhaul,” The Wall Street Journal, 12/12/08)