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The Transportation and Climate Initiative’s (TCI) impact on CT drivers

On December 21, 2020 Gov. Ned Lamont signed onto a regional cap and invest program called the Transportation and Climate Initiative (TCI) that will raise the price of gasoline by upwards of 17 cents per gallon and cost Connecticut drivers an extra billion dollars over 10 years.

The agreement, intended for 12 Northeast states, plus the District of Columbia, would place a cap on emissions for gasoline producers and distributors, requiring them to purchase carbon allowances.

To learn more about how the TCI will impact Connecticut drivers, watch here.

It only takes a minute to let Governor Lamont and lawmakers know that you cannot afford another gas tax. Please click here to send an email using our one-click portal.

The funds generated – estimated by TCI to be upwards of $7 billion per year – would then be distributed to participating states to invest in electric cars, buses, bike paths and “climate justice” initiatives.

“TCI is just another gas tax that will disproportionately hurt low and middle-income families who cannot afford an electric vehicle,” said Chris Herb, president of the Connecticut Energy Marketers Association.

States like New York, New Jersey, Vermont, Maine, and New Hampshire are among the 12 states required for the TCI to go into full effect. Despite all five states outright rejecting the proposal, Gov. Lamont and Connecticut lawmakers seemingly plan to move forward.

We need you, now more than ever, to send an email to Governor Lamont and lawmakers. Click here for our one-click portal to tell your legislators to say NO to the TCI!

Click here to read the original article.

Yankee Staff

Yankee Institute is a 501(c)(3) research and citizen education organization that does not accept government funding. Yankee Institute develops and advances free-market, limited-government solutions in Connecticut. As one of America’s oldest state-based think tanks, Yankee is a leading advocate for smart, limited government; fairness for taxpayers; and an open road to opportunity.

4 Comments

  1. Armand D Perera
    March 1, 2021 @ 9:41 am

    Unfortunately, political parties and supporters are so wed to their policies and dogma, they fail to see the “Big Picture”. Specifically, USA energy independence is good for the populace, Good for the economy and goog for the national defense. There is also the effects of misinformation on the populace and how they hide key facts associated with Global Warming and sustainability. Do those that support this program realize “China uses and produces 50% of the total coal and it’s related pollution in the entire world?” Also, do they realize the use of wood and deforestation is robbing our world of are CO2 Eating engines/ Do they realize a large oak tree over its lifespan can consume and convert up to 2 tons of CO2 into oxygen. The reason we even have oxygen on this planet, is attributed to photosynthesis by plant life. Sure transportation in the uSA is a small contributor. However, we have been driving about 200 years, but we have been cutting down trees for up to 300,000 years. Something to ponder…if you really care. Unless of course all you really want is more taxes on the populace.

    Reply

  2. Douglas
    March 7, 2021 @ 9:15 am

    The TCi will lead to huge increases in gasoline , heating oil fuel costs as well as ELECTRIC RATES with no NEGLIGIBLE decrease in cArbon emissions. This comes at A cost to our STATE AND coUntry whIle other countries do nothing.

    We already pay the highest gasoline taxes in the country.. thiS tax money was supPosed to be used to maintain bridge and Road infrastructure .

    I urge Governor Lamont to do what is in the best INTEREST of the CT taxpayers and do not sign the TCU aGreement. Signing it will just lead to more BUSINESS and people to flee our state.

    Reply

  3. Keith cza
    March 22, 2021 @ 9:42 am

    Taxes not needed
    Less & Better govt needed

    Reply

  4. FRANK
    April 22, 2021 @ 9:12 am

    WORST SO IS EACH SATE CONTRIBUTES TO A COMMON FUND THAT IS REDISTRIBUTED FOR PUBLIC TRANSPROTATION.. WHICH MEAN THE RESIDENTS OF ct TAX $$ ARE GOING TO ma MBTA..

    Reply

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