California drivers are now paying a “global warming” fee added to the price of gasoline before sales tax, forcing them to pay a tax on top of a tax.
The state is charging gas retailers a new “global warming” cap-and-trade fee and retailers are passing the cost to consumers, but the consumer sales tax is calculated from the full pump price, which includes the cap-and-trade fee.
“The global warming fee, which is variable and could soar in the future, added about a dime this week,” Dan McSwain of UT San Diego said. “Then the state adds 2.25% of the full retail price – including those other fees and taxes – while city and county sales taxes add more (0.5% in most of San Diego County).”
Many drivers haven’t noticed the increase yet due to the plummeting gas prices, but they will eventually because the $0.10 per gallon fee is not a set price – it’s determined by California’s “cap-and-trade” market in which various industries trade their permits covering specific amounts of emissions, the total of which is capped by the state.
In other words, the “global warming” fee can go up.
“In August, California’s legislative analyst estimated that, by 2020, retail prices were likely to rise between 13 cents and 20 cents a gallon because of cap-and-trade,” McSwain added. “But the analyst, Mac Taylor, warned that increases could exceed 50 cents in some cases.”
“And an oil-industry group warned the costs could spike to 76 cents, based on state figures.”
This is intentional; the “cap-and-trade” system was designed to raise gas prices and energy costs using artificial scarcity created through the hoax of man-made “global warming.”
“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket,” President Obama told reporters in 2008. “Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money.”
“They will pass that money on to consumers.”