Wednesday, October 3, 2007

Rep. Dingell of Michigan Proposes Tax on Carbon Emissions & Gasoline

From Land Line Magazine:

Democratic U.S. Rep. John Dingell has come up with a surprising proposal – considering he’s from the car-making state of Michigan.

According to the Detroit Free Press, Dingell is proposing to fight global warming by putting a 50-cent-per-gallon tax on gasoline and a $50-per-ton tax on carbon emissions, most of which would be charged to utility companies.

Under his plan, ultra-low sulfur diesel fuel would not be taxed, and neither would biodiesel.

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