(Worthy News) - The White House on Thursday announced its latest plan to address climate change by levying a $10 per-barrel tax on crude oil.
The Obama administration announced its plans while rolling out a comprehensive transportation strategy that will be the focus of the Department of Transportation's budget request to Congress when it is issued next week.
"For too long, bipartisan support for innovative and expansive transportation investment has not been accompanied by a long-term plan for paying for it," a White House fact sheet reads. "We need a sustainable funding solution that takes into account the integrated, interdependent nature of our transportation system. [ Source ]
Copyright 1999-2017 Worthy News. All rights reserved.
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.