President Obama proposes 50% increase in spending on clean transportation, funded by $10/barrel tax on oil
Green Car Congress
FEBRUARY 5, 2016
President Obama has laid out a plan for building a “21st Century Clean Transportation System”, the investment for which would be funded by a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years. The President’s plan would increase US investments in clean transportation infrastructure by roughly 50%.
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