Advertise On EU-Digest

Annual Advertising Rates

8/30/08

NYT - Europe - A Hard Habit to Break, Even With Gas at $10 a Gallon - Elisabeth Rosenthal

For the complete report from the NYTimes.com click on this link

Europe - A Hard Habit to Break, Even With Gasat $10 a Gallon - Elisabeth Rosenthal

Ten dollars a gallon may seem unthinkable to American drivers still smarting from the spike in gas prices to around $4 a gallon. But that was nearly the price that Marco Annarumi faced recently when filling his Jeep on his way home from work.Gas prices have persuaded some people to drive less. Traffic on the Eurostar train that links London and Paris was up 21 percent in the first three months of 2008. Gas purchases in Italy dropped 10 percent compared with the year before. Sales of gas-guzzling sport utility vehicles have plunged across the continent, just as they have in the United States. But, at least so far, there are few signs of the wholesale shift away from current driving habits that environmental economists contend is needed for European countries to meet emissions control targets. The United Nations Intergovernmental Panel on Climate Change says meeting the targets is crucial if the world is to prevent the worst effects of global warming.

No comments: