What Europe can learn from the 1970s oil crisis: Don’t fear high prices

MITEI Energy UROP Penelope Swain ’29 quantified energy burden across the United States to aid the evaluation of policies incentivizing solar energy and electric vehicles.

Writing for WBUR, Christopher Knittel (MIT Sloan) argues that a vehicle miles traveled tax would be the best substitute for federal gas taxes in order to account for the rise in electric vehicles—and other more fuel-efficient cars—and prevent the erosion of the transportation sector’s revenue base.