Action taken by California Gov. Gavin Newsom will result in a fuel tax revenue diversion, with billions of dollars touted to benefit roads and bridges instead to be routed for other purposes.
The Democratic governor has issued an executive order to use $5 billion of revenue raised via a recent fuel tax increase for a program to reduce greenhouse gases and emissions.
“California has ambitious and essential climate goals to transition to a healthier, more sustainable and more inclusive economy, including reducing greenhouse gas emissions 40% below 1990 levels by 2030,” Newsom wrote in his order.
Specifically, Newsom’s executive order directs a fuel tax revenue diversion away from local highways to benefit rail and other projects.
landline.media
The Democratic governor has issued an executive order to use $5 billion of revenue raised via a recent fuel tax increase for a program to reduce greenhouse gases and emissions.
“California has ambitious and essential climate goals to transition to a healthier, more sustainable and more inclusive economy, including reducing greenhouse gas emissions 40% below 1990 levels by 2030,” Newsom wrote in his order.
Specifically, Newsom’s executive order directs a fuel tax revenue diversion away from local highways to benefit rail and other projects.
California governor orders fuel tax revenue diversion from roads
California’s governor has ordered a fuel tax revenue diversion, taking billions for highways for projects to get drivers off the road instead.
landline.media
