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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.
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That’s largely because, while the federal government designates the funding, states take the lead in determining how and when it is used. That’s partly down to anticipated demand for EV charging in those states; just 87 EVs were sold in Wyoming in the first quarter of 2024, according to S&P Global Mobility.
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