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A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5
The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. These funding sources support construction and maintenance of the highway system.
The stakeholders also urge continuing and expanding key programs under the Farm Bill and other federal. programs, and ensuring that aviation fuels and promising feedstocks qualify for incentives detailed in these programs. Ensure support for aviation fuels and promising feedstocks under the Renewable Fuel.
Either cap-and-trade, a system of taxing emissions, or a combination of the two could provide the needed incentives. In some instances, it may be appropriate for state/local efforts to be preempted by new federalprograms, but this must be balanced against the need to allow for flexibility and innovation.
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