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December 17, 2014

Inslee wants carbon tax to help fund $12B transportation plan

  • He said the state will face a 52 percent drop in its maintenance budget and 71 bridges will become structurally deficient if the Legislature can't pass a transportation budget in 2015.
    • By MARTHA BELLISLE
    Associated Press

    MEDINA — Overlooking the state Route 520 floating bridge project, Washington Gov. Jay Inslee on Tuesday unveiled a proposal he said would address the state's most pressing transportation needs — fixing bridges and roads and boosting the ferry system while cleaning the air and water.

    Inslee hopes to fund the $12 billion plan with bonds, fees and a carbon charge on the state's industrial polluters. The market-based carbon pollution charge will generate $7 billion over 12 years, he said. The fee will generate the equivalent of a 12 cent gas tax without hurting consumers, he said.


     
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