How Vermont's Democratic Candidate for Governor Would Expand Cap-and-Trade
Democratic gubernatorial candidate Sue Minter wants to expand the cap-and-trade program to gasoline, a move that added 11 cents to the price of a gallon of gas in California. The proposal is a key part of her plan to combat carbon pollution, a persistent theme in her campaign.
The Regional Greenhouse Gas Initiative is a program set up among several New England and mid-Atlantic states that puts a cap on the amount of emissions from electric power generation. The idea behind the program is to keep emissions low.
Minter's proposed expansion, an initiative she began as secretary of transportation, would bring the same principle to gas. Gasoline distributors would have a set of emissions allowances, and would be free to buy and sell them.
"If successful, such an initiative could potentially provide funding for transportation priorities like expanded passenger rail and transit service or plug-in vehicle infrastructure and incentives," a spokesperson for her campaign said.
She would work with governors from nearby states to implement the program.