Democratic U.S. Rep. John Dingell has come up with a surprising proposal – considering he’s from the car-making state of Michigan.
According to the Detroit Free Press, Dingell is proposing to fight global warming by putting a 50-cent-per-gallon tax on gasoline and a $50-per-ton tax on carbon emissions, most of which would be charged to utility companies.
Under his plan, ultra-low sulfur diesel fuel would not be taxed, and neither would biodiesel.
Most of the proceeds from the taxes on gas and carbon would go to highways and mass transit. But 40 percent would go to Medicare, social security and universal health care.