Amid vehicle GHG debate, groups float ‘clean tax cuts’ as alternative
One proponent of CTCs for light-duty vehicles is the R Street Institute, a free-market think tank that supports steps to reduce GHGs. In a March white paper, the group says the “tax cuts are a more flexible and efficient approach to limit problematic emissions. It would allow manufacturers to consider the degree to which investments in a cleaner fleet are efficient, given the tax incentives, and would align manufacturers incentives to innovate more effectively than the current [fuel economy] and GHG metrics do.”
