Vermont's legislature will take up the carbon tax proposal this week. The tax is construed as largely revenue neutral, i.e., offset by tax decreases and credits, and apply to heating and transportation fuels. Gov. Peter Shumlin has doubts.
Vermont became the third state this year to legislatively increase its gas tax when Democratic Gov. Peter Shumlin signed the bill on April 29 that raises the gas tax by 5.9-cents and the diesel tax by 2-cents on July 1 and 1-cent next year.