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September 27, 2007

Dingell unveils draft of gas tax

WASHINGTON -- U.S. Rep. John Dingell says his proposed plan for curbing greenhouse gases through higher taxes will likely include a "cap and trade" system for controlling carbon dioxide favored by several other lawmakers, and could give Detroit automakers an opening to sell more diesel-powered vehicles, according to the Detroit Free Press.

The Dearborn Democrat unveiled a draft outline of his proposal on his Web site today calling for a 50-cent-per-gallon increase in gasoline taxes and a $50-per-ton levy on carbon emissions from fossil fuels.

Posted by Peter C. T. Elsworth  at 3:29 PM to Alternative fuels | Permalink

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