fuels tax

Would Californians be Better Off with a Fuel Tax instead of Cap-and-Trade?

Steinberg’s surprising proposal for California climate regulation

Climate regulation drama! Sen. Darrell Steinberg is floating a proposal that would change California law to take transportation fuels out of the cap-and-trade program, and to enact a new fuels tax instead. As background, distributors of those fuels are slated to join the cap-and-trade program in 2015, meaning they would need allowances to cover their …

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