Like many views I've read on here, I'm not convinced that punative measures are anything other than a government excuse to tax whilst pretending to have worthy to intentions.
But government hikes tend to be short term. We are almost in a recession - with inflation running high - so the powers that be have plenty of people to blame for the rises and get away with it with almost everybody. There is large city contigent (with good access to local transport) who will not kick up as much as the frugally populated country populus - given that many of them live in the city and can afford to absorb the extra cost.
But I suspect the rises are a short term hiccup before they settle into their normal upwards trend. To create change there needs to be a justified upwards trend. Anything short term won't change behaviour and neither will it create much of a dent in the supply to energy corporation coffers.
So where does that leave us with the long term trend of petrol rises. This is undoubtably on the way up. And if you look at the cost of drilling in some parts of the world, that too has been going up - the sources are getting deeper and harder to get to that even oil companies are aware that they will not longer be economically viable to extract.
On the other hand, hydrogen is at a very high market rate and needs fleet deals to come down. Fleets will only take this sort of thing on with a reliable supply and some subsidy. The former is already being discussed with energy companies but the latter is likely to suffer without investment. This is where any money reaped by the government needs to go. When this happens, the hydrogen price trend will go down. If hydrogen is no more than a small percentage higher than fuel - people will be willing to switch.
Money talks. As does convenience. For the average person, anyway. Either the petrol prices need to go up faster or hydrogen availability should increase and its cost needs to come down faster. At the moment, neither trend is moving to the same degree - nor continuously.
It will be a few decades before they cross but perhaps it is better - at least for the environment - for that cross to happen sooner rather than in 40 years time. A sharp investment in hydrogen energy is the best way of keeping these two trends in check. Any alternative solutions - e.g. making fuel last longer - may provide a distraction. Afterall, the CEOs of today are not going to be around to worry in 40 years time. It is some way off before we get another spike in fuel prices as the economics demand it.
Unless something radical happens, in 10 years time we'll all be sitting here again discussing the same issue and we'll barely be closer to a long term solution as we play with these technological distractions.
Personally, I can't wait to experience this new world of energy. In the same way we experienced the end of the steam era on the railways - well, I missed it myself ;-) - I see this as a fundamentally exciting new world. I'd love to be around to see the new designs inspired by green energy taken to market - especially when we've got over the novelty of the new technology and can really innovate with different vehicles! :-)