RAISE taxes on gasoline.
Yeah, that’ll equalize things.
What there ought be, and isn’t, is a consumer tax based on some equitable denominator. Say, BTU’s of energy consumed (none of this “carbon cap and trade”, which is essentially a rationing plan). This would be applied across the board, and obviously, some goods and services would have a smaller “BTU” component than others. The emphasis would be on efficiency, like LED light sources replacing compact fluorescent bulbs (they already exist, you know). Imagine, approximately one watt of electricity, yielding the light of a fifty-watt incandescent bulbe, or a 12-watt compact fluorescent bulb. And it all screws into the same sized socket. Instant on, fantastic lifetime (50,000 hours, nearly six years CONTINUOUSLY burning), at even $50 each, they would be money savers.
And every damned one of them would be made in China.
The exist, but I don't like the price yet.
You are a little optimistic in your 1W = 50W, but still great at 7W = 75W