Taxes curb Danish oil use, promote energy independence

03/18/2010 05:12 am ET | Updated May 25, 2011

Producer John Larson reports from Copenhagen, Denmark on how changing lifestyles, taxing energy and subsidizing alternative technologies have reduced the country’s dependency on oil and created thousands of new jobs.

In Denmark, a Ford Focus costs $51,000 — $34,000 of which are taxes. The Danish economy has grown 78 percent, while cutting carbon emissions in half. The country has also become a net exporter of energy — wind alone has created 30,000 new jobs.

(View full post to see video) Producer John Larson reports from Copenhagen, Denmark on how changing lifestyles, taxing energy and subsidizing alternative technologies have reduced the country’s dependency on oil and created thousands of new jobs. http://worldfocus.org/files/2009/11/th_denmark_windturbines.jpg http://worldfocus.org/files/2009/11/th_denmark_windturbines.jpg

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