California Senate leader proposes carbon tax on gasoline

By Wayne Lusvardi | Cal Watchdog

Last week, California Senate President pro Tem Darrell Steinberg, D-Sacramento, proposed a “carbon tax” on gasoline and other fuels. This tax is separate from the taxes imposed by the state’s and-trade program.

Steinberg has opposed a and-trade emissions tax on gasoline suppliers and consumers similar to what has been enacted — under AB32, the Global Warming Solutions Act of 2006 – as the state’s and-trade program for other industries. Under that program, the California Air Resources Board has been trading carbon credits for more than a year.

According to KQMD, “Next year for the first time, transportation fuels will come under the program: oil companies will have to account for the emissions from Californians’ cars and trucks. The cost of buying additional pollution permits is one that companies are almost certain to pass along to consumers.”

at Cal Watchdog.

The post California Senate leader proposes carbon tax on gasoline appeared first on Watchdog.org.