Cap-and-Trade will Increase Costs but won't Reduce Truck Emissions
On October 21st, ATA First Vice-Chairman Barbara Windsor spoke at a Senate press conference on the proposed cap-and-trade legislation. Windsor, who is President of Hahn Transportation in New Market, Md., said that an economy-wide cap and trade system will impose significant costs on the trucking industry while doing little to reduce carbon emissions from trucking. She emphasized that ATA strongly supports efforts to reduce greenhouse gas emissions and make this country more energy independent; however, the proposed cap-and-trade system simply will increase the cost of diesel fuel, while failing to reduce carbon emissions from non-discretionary consumers of fuel such as trucking companies. Windsor’s remarks followed the release of a report by U.S. Sens. Kay Bailey Hutchison (R-Texas) and Kit Bond (R-Mo.) that said a cap-and-trade policy like the one in the Waxman-Markey bill would assess $3.6 trillion in gas taxes on American families and businesses. This includes $1.3 trillion in diesel fuel taxes. A copy of Windsor’s remarks may be viewed through the following link.
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Posted on Mon, October 26, 2009