Gas Prices Under a Cap-and-Trade System (They're not pretty)

[rock3tcat]

Lol how arrogant, the rest of the world vs the US...

Take off your blinders boy, it's actually just a bunch of elitist assholes vs the people Nobody wants to take out a mortgage loan in order to fill up their tanks.

And how about the people in sub-Sahara Africa? You're effectively telling them not to touch all of their resources like oil, gas, uranium, etc. because it could hurt the environment...

[swckswck]

Americans for Prosperity would be better named "Plutocrats for World Domination." This oil-industry front group screws the American consumer every minute of the day. Suddenly, they claim to care about oil prices? These guys PROFIT from high oil prices.

[ieatdeadbabies101]

thats why we need hemp gas (yes people marajuana) grow your own gas and you can drink it

[mukashakapaka1]

thats why its so expensive, because they arent so reliant on gas, so prices go up to cover the loss in individual consumers

[summerfunteam]

poor oil companies.... :-/

[rnwernerma]

The Fear Tim! The Fear!

Can you imagine what the United States would be like with all those fuel efficient or hydrogen powered cars? SCREW that! Let's spread fear among the population by saying "The rest of the world doesn't understand us! They are trying to make us like them and ruin our way of life!" What you are proposing is running out a resource until it is gone and in the process creating economic instability,

What a "Unites States Liberal Education" moron you have become!

[HokiesAndDawgs]

@rnwernerma

Stupidity must run in your family.

[skullgymequipment]

good job tim thanks

[KrackersandCheese]

spsoccerdude93,

First off I have little doubt you were born in 93 therefore I excuse your ignorance but no we did not expand to fast and we broke away from Europe over 200 years ago for a reason and this video helps explain a fraction of the problem going on with the world today and guess what it isn't vehicles or fuel. Get out of the suburbs and get educated try picking up a history book and reading about Communism and get back to me as to why it has failed EVERY TIME.

[spsoccerdude93]

well its americas fault for expanding to quickly, i mean if prices get high, then people will start to live by where they work, and then they could start walking or using bikes to get to work, thus making the obese people of our country not fat. it might just be the incentive america needs to compact ourselves. (p.s. i live in the suburbs, so i know that i too would suffer, i don't have anywhere really close to me and no side walks.)

[HateNeverCeasesHate]

yeah, Europe has always had a huge tax on gas. It used to be worse. When we had under $1 gallon gas, they had $5.

So much for your liberal arts education!

[DennisUnser]

Who doesn't think that congress will spike the tax on gasoline to fund their cap and trade bill?

The government already makes more on a gallon of gas than Exxon and the govt doesn't have to pay for drilling, refining, transportation, infrastructure, and taxes to get their money.

[supro223]

wow...the truth finally comes out...maybe someone should send this to Obama and his cabinet full of ignorant thiefs and tax evaders

[bearman10390]

seven dollar gas?

NO WAY

[pinochet222]

the historically high Euroean gas tax has nothing to do with CO2 emissions or global warming or cap-and-trade, it's been there for decades!

this video is very misleading!

typical scaremonger-and-rob Republicans lol

[ChallengeDK]

Ehh, not quite true. It can't be Co2-emission related because it's decades old? I pay Co2-tax on every KWh I spend in energy, and it's been there for more than one decade... True, we do not have a cap and trade system in place per se - our government just taxes our butts off. The result's the same. BTW. the Danish government deals in cap and trade with other countries. So, really, cap and trade is in place in Denmark, it's only centralized and government "trades" instead of companies.

[pinochet222]

I'm saying that the huge gas tax in Europe is not related to global warming or anything recent, as this video suggests - it's juts one source of revenue for the governments there.

I think it's important to point this out, the gas in the US won't be $7/gallon because of cap&trade. It's just typical Right-wing scaremongering!

[ChallengeDK]

It certainly has - much of the surcharge on gas (beyond VAT of 25%) is a Co2 tax. Everything emitting Co2 is charged with a Co2 tax in Denmark.

BTW. automobile registration is charged with a 180% tax (again, beyond the VAT of 25%).

I think a lot of people would disagree with you on your last statement... It completely comes down to at what level the government decides to cap emissions. The lower the emission cap, the higher the price...

[linkin622]

wrong just google search gas prices in Denmark and you will see its because of the self imposed taxes

[pinochet222]

They DON'T have cap and trade in place in Denmark - this is the big lie of this video!

yes, self imposed taxes, but not global warming related taxes!

[linkin622]

um ..could you perhaps research that a bit cause for no cap and trade there sure a lot of carbon trading scandals in Denmark at the moment

[RoWeBIII]

A tax is a tax is a tax, no matter what the revenue is supposedly used for. Cap and trade will certainly be used as a reason to drastically increase energy taxes of all kinds, not just motor fuels.

[pinochet222]

I'd say there are two huge and completely different groups of taxes: "incentive taxes" and "revenue taxes" - to create incentive and revenue, respectively.

For instance, income taxes are definitely revenue taxes, a carbon tax would be an incentive tax, to reduce consumption and create some breathing space for new technologies.

[RoWeBIII]

I understand where you're coming from and there was a time when I subscribed to that line of thought. However, over the years I have come to realize that politicians, being the way they are, will in time highjack those revenues for other purposes. The most well known example of this is how congress (both parties) has been robbing the social security trust fund in order to fund other spending and now they constantly have to try and save it. In time they'll see it as just more they can spend.

[kmg501]

If they did succeed pushing this kind of cost structure on the American people, I can guarantee you that it would only take one main election year and one off election year to completely rewrite the political landscape.

[DocGorilla]

That is why they are attempting to do this by treaty. A treaty can not be canceled by congress, the other parties would have to let the US out....

[kmg501]

Yep, treaties are extremely dangerous to the US because of how our constitution is formed but given how massively out of control the federal government is, I expect that if our dollar does collapse, more than a few states will secede from the union for the sake of self preservation.

As a born and bred Yankee, I will most certainly be against the "blue" states because I've lived here all my life and I've seen their lies and hypocrisy up close and personal for decades.

[SeekerNLife]

They are desperate to rush this through, before people understand what a huge Scam it is.

Cap&Trade is a Scam...based on the Hoax of 'man-made-climate-change'.

[1965ace]

USA should remain sovereign. The rest of the world can KMA.

[ChallengeDK]

As a dane, this really do pose a problem. I live in a suburb to Copenhagen and have to commute back and forth from the place every day. These gasoline prices forces people like me away from cars--in which I'd 10 times rather do my commute--and into a highly inefficient and broken public transport system. It's really a travesty. Kudos for coming here, BTW. Presented the chance, I'd leave this country for the USA in a heartbeat and never look back.

[ace8842]

Poverty is a much bigger problem than climate change. So are corrupt dictatorships. What poor country will take climate change over life saving medicine, housing, or schooling, or economics? None. With 1/10 of the amount of money we could spend fighting questionable climate change we could easily help reduce poverty and deaths significantly. Poorer countries can't handle climate change and natural disasters why - because they are poor. Climate change will always happen.

[Yakko77]

It's a half hour drive for me to get to my work. To ride a bike that same distance would require a couple hours most likely at the very least let alone doing that in a foot of snow like we have here in Omaha right now. If this disaster passes then anyone and everyone running for office in 2010 and 2012 had better be running on a repeal platform or there's no point in even voting.

[outpostprime]

@Yakko77 Actually if you look at it this way. With a bicycle you can prob do about 25~40mph and don't have to worry about traffic. You might actually make it to work faster on a bicycle then a car. Now if bikes got the same specialized road system cars get...

Don't underestimate what you can do on a bicycle. World speed record on a bike is like 140mph lol.

Also what he's saying is very misleading. The primary fuel in the EU is diesel not gasoline and they get like 50~60 mpg with 3 cylinders.

[legendarymoe]

@outpostprime wow! do you even ride a bicycle??? You CANNOT go 25-40mph on a bike unless you are in extremely good physical shape and have a solid road bike. The world record on a bicycle is 140 mph going straight down a mountain in a speed-suit on a specially made bike and the flat ground speed was gained over the course of 200m on a carbon fiber streamlined bike... I agree with the diesel comment though. Bike comment is ridiculous.

[rock3tcat]

@Yakko77

Stay productive and buy yourself a helicopter.