2020 is coming to a close, and it can’t end fast enough. First, Congress just enacted a massive COVID relief and government spending package. While the COVID relief provisions are not adequate and need to be bolstered, the package includes important provisions on climate.
On the same day that Congress passed this bill, three northeastern states and the District of Columbia launched a “Cap and invest” program to cut greenhouse gas emissions from the transportation sector, about forty percent of these states’ emissions.
The program would place an overall cap on the emissions from transportation fuels sold in the region, require the distributors of the fuels to purchase “Allowances” to sell the fuels, and use the proceeds to invest in equitable and clean transportation alternatives, such as public transport, electric buses, and electric cars and trucks.
IMAGE SOURCE: GOOGLE