OK, so I won't win any "Go Green" awards for this question, but aside from compliance with some governmental regulation, what's the big deal with having a loose fuel cap? Sometimes I think some of these new "warnings" that the hypersensitive onboard computer flashes up are nothing more than annoyances. Yeah, I'd check the cap and perhaps even replace it if that would help, but if I had this problem and it persisted, I'd pull the bulb on that stupid light and forget about it.
Now... aside from the environmental issues, tell me why this would be a bad idea.