CAP & TRADE’S FUEL TAX

July, 2014

Fuel Island 009California’s Cap and Trade program, which is the buying of selling of pollution credits, will increase the price of gas and diesel in the state by $0.15/gallon starting next year. Those who created the plan see the increase as “unintended” while those of us who understand how business works saw it coming a mile away.

Read Richard Coyle’s, President Devine Intermodal, op’ed in the Sacramento Bee. Click here.

Oh, and did we mention, 25% of all Cap and Trade monies collected will go to build high-speed rail. Forget about our dilapidated roads and bridges…who needs goods movement anyway?