Since Sir David’s exhortations, some 250,000 Brits have died from the cold, and 10,000 from the heat... Instead of making sure energy was affordable, ministers have been trying to make it more expensive, with carbon price floors and emissions trading schemes. Fuel prices have doubled over seven years, forcing millions to choose between heat and food – and government has found itself a major part of the problem. -Fraser Nelson
Why not take this opportunity to put a tax on gasoline, bump it back up to $4 a gallon where people were prepared to pay for that, and use that revenue for alternative energy and as a signal to the consumers: “Those days are gone. We’re not going to have gasoline that you could just fill up your tank for 20 bucks anymore.”
Congress should enact a steep, inflation-indexed hike in gas taxes, one big enough to alter consumer incentives and habits permanently. This would take back some of the de facto economic stimulus consumers have received from the recent drop in gas prices, and it would be a hard sell politically. But surely voters can understand that, even if Congress were to triple the tax to 55.2 cents, gas would still be cheaper, in real terms, than it was in 2005. -Washington Post Editorial, December 8, 2008
Democrat, Environmentalist, Liberal, Government, Obama, Energy
When I was asked earlier about the issue of coal…under my plan of a cap and trade system, electricity rates would necessarily skyrocket…even regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gasses, coal power plants, natural gas…you name it…whatever the plants were, whatever the industry was, they would have to retro-fit their operations. That will cost money…they will pass that money on to the consumers.
Liberal, Oops, Energy
President Barack Obama’s Energy secretary unwittingly created a durable GOP talking point in September 2008 when he talked to The Wall Street Journal about the benefits of having gasoline prices rise over 15 years to encourage energy efficiency. “Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.”
Democrat, Liberal, Obama, Oops, Energy
More than ever, I think, a wholesale investment in transforming our economy — from retrofitting buildings so that they're energy-efficient to changing our transportation patterns and thinking about how to rebuild our electricity grid — those are all things that we're going to need now more than ever. But with people not paying $4 a gallon for gas, it means it drops on their priority list. And that makes the politics of it tougher than it might have been six months ago.
Liberal, Tax, Government, Narrative, Bigbrother, Energy, Regulation
Who will buy all the fuel-efficient cars that Detroit carmakers are supposed to make? The danger is that too few will, especially if gasoline prices remain low. Therefore, it might be time for the president-elect and Congress to think seriously about imposing a gas tax or similar levy to keep gas prices up after the economy recovers from recession.
President Barack Obama's Secretary of Energy Stephen Chu uttered the kind of Washington gaffe that consists of telling the truth when inconvenient. According to Politico, Chu admitted to a House committee that the administration is not interested in lowering gas prices. Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy.
Liberal, Character, Smears, AntiAmerican, Energy, Elitism
Energy secretary Steven Chu is a big fan of energy efficiency. He wishes the rest of the country would grow up, too.
Democrat, Hypocrisy, Oops, Energy
Sen. Schumer tells CNN that their energy plan never intended to bring down gas prices.
Democrat, Liberal, Obama, Narrative, Oops, Energy
It's been 30 years since gasoline took such a big bite out of the family budget. When the gifts from Grandma are unloaded and holiday travel is over, the typical American household will have spent $4,155 filling up this year, a record. That is 8.4 percent of what the median family takes in, the highest share since 1981.
Democrat, Liberal, Incompetence, Obama, Bigbrother, Energy, Economy
Some possible benefits...