Climate change bill calls for 50-cent fuel tax

I have heard a number of views and I personally believe that a carbon tax would disturb the cheap economy balance boasted by the fossil fuel industry. I thought this balance shift would help the renwable industry.

But, looking at the proposed fuel tax in US, am afraid it may just have the opposite effect. It is mentioned that the tax money is going to be used in the development of road/mass transit and airport facilities. Atleast the development of mass transit is a worthy idea!!!!

When we are looking forward to social changes in travel pattern/mode, I get a feeling that the development of more facilities would encourage people to take up more and more of lengthy/extravagant travel than necesssary…..

What do you guys think about such a legislation??!!!

Reuters Article