With the advent of industrialization and globalization, there has been a humongous increase in the number of automobiles, which ultimately has led to higher traffic levels and subsequently polluting the environment. A majority of the individuals argue that the state should intervene by hiking the tax on gasoline, because that would discourage car usage, which would be beneficial to the society. But this would be a short-term measure rather than long-term, this essay elaborates further on that note.