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High Gas Prices: The Environment’s Best Friend

The Freakonomics blog on the New York Times site posits that increasing gas prices are great for the environment.

Who can argue with that? People are driving less as they think about the cost of just going to the shops, that leads to less congestion on the streets, a lower risk of traffic accidents when you do drive, and of course it’s better for the environment. Oh, and you have cheaper insurance because you’d end up driving fewer miles per year. You’re also spending less money on gas, car maintenance and wear-and-tear items on the car. For a more in-depth look at the benefits of high gas/petrol prices, check out this older Freakonomics post.

Sometimes it takes a hit in the wallet to really think about changing your habits, and it’s true for me, my housemate and several people I know, which is great. What about you? What are you changing in the face of higher prices at the pump?

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