The pact being developed by Massachusetts and other East Coast states to cap carbon emissions from vehicles could add up to 17 cents to the price of a gallon of gas, according to the newest estimates, but could also generate more than $500 million in revenue for state government in Massachusetts.
Leaders from a coalition of eastern states, including Massachusetts, have been working for over a year to develop a regional "cap-and-invest" program to reduce carbon pollution from cars and trucks and generate the resources needed to expand clean transit options and improve public health.
One of the nice things about having an avowed socialist running in the American presidential campaign is that it forces the capitalist candidates, along with observers of the race, to do a better job of explaining why socialism is wrong.
This is a healthy development. Many Americans who are too young to remember the Union of Soviet Socialist Republics are susceptible to the appeal of "free" college and health care, to be funded by increased taxes on "millionaires and billionaires."
