Posted on 11/23/2021 7:14:07 AM PST by rktman
Several Democratic states withdrew from an ambitious plan to curb transportation emissions less than a year after signing onto the agreement.
Massachusetts and Connecticut abandoned the Transportation and Climate Initiative (TCI) last week, citing high gas prices and irreconcilable differences, E&E News reported. Rhode Island and Washington, D.C., also joined the agreement which promised to cut transportation emissions 25% and raise $3 billion for clean energy projects.
“I couldn’t get that through when gas prices were at a historic low,” Democratic Connecticut Gov. Ned Lamont said during a press conference, The CT Mirror reported. “So I think legislators are pretty clear, it’s going to be a tough rock to push when the gas prices are so high, so no.”
Connecticut Senate President Pro Tempore Martin Looney added that the plan would’ve “put a squeeze” on consumers struggling with already high prices.
The three states and D.C. signed a memorandum of understanding in December 2020 after a multi-year negotiation process that involved several additional states. New York, Pennsylvania and Virginia were among the states that participated in negotiations and signaled they would join TCI in the future.
TCI proposed to require oil and gas industry companies to purchase “allowances” for the emissions caused by the fuel they sell, according to the December 2020 announcement. Over the next decade, fossil fuel companies would have progressively smaller allowances.
(Excerpt) Read more at dailycaller.com ...
Elections have consequences and so do elected officials.
That’s a shame.
So sad. So very very sad. Only one pound of Schadenfreude to be had. After that, I feel so...empty.
😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭
There, there.
Like children ‘round the Thanksgiving Table:
I’d like some of that, some of this, a little of that there.
The eyes much larger than the stomach, finding themselves
unable to digest everything put on their plate.
What turkeys! Feathered and roasted!
Purchase Allowance = Political Bribe
Purchase Allowance = Strong-arm theft. Another tax.
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