A Gas Tax Hike Would Generate $840 Billion, Add 1.2 Million EVs, Cut 1.3 Billion Barrels Fuel Use

Research shows a $0.25 U.S. gas tax increase would generate $840 billion in revenue, add 1.2 million total additional electric vehicles to the road, cut total fuel use by more than 1.3 billion barrels – all by 2050 – and would be equal to a $29/ton carbon tax on the transportation sector.February 13, 2018 at 08:00AM

via Forbes Real Time http://ift.tt/2o3G29F