"That's very European, You have very, very low taxes on energy in the United States of America," said Jean-François van Boxmeer told Huffingtonpost

He explained further by saying tax on fuel will discourage people from driving the sort of gas-guzzling vehicles popular in the U.S.

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"No one would dare to buy a Ford truck because we cannot afford the gas to put in it," van Boxmeer joked.

He added that Taxation help people manage their resources better

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"Taxation does something ultimately with your usage of resources," van Boxmeer said.

"The fact that taxes on energy are so much at a higher level in Europe, we have to be much more cognizant of fuel usage."