But don’t just take the Ethan Allen Institute’s word for it – even the headline in alternative weekly Seven Days says the TCI ‘would hike gas prices’ to ‘fuel green investments’. The lead paragraph also claims Vermonters “will be better off financially” despite paying up to 29 cents per gallon on gasoline and onroad diesel fuel. That’s because they will benefit from all of those green ‘investments’ - and because they’ll be walking and biking more.
"Fuel prices would likely increase 5 cents to 29 cents per gallon over a decade due to the program, according to Walke. It would raise an estimated $1.4 billion to $5.6 billion in 2022 for all the states combined. Vermont’s share of that revenue would be approximately $20 million to $90 million per year, depending on emissions reduction goals, said Walke, Gov. Phil Scott’s point person in the discussions.
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