The Trump administration and congressional Democrats have found something they agree on — and it could mean higher taxes on gasoline and diesel fuel. Last week, President Donald Trump's energy secretary, Elaine Chao, told senators that a gas tax hike was on the table when asked whether the White House would support such a move. And this week, Democrats are indicating that they too are ready to consider a tax increase.
The Biden administration wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026, and it has won a voluntary commitment Thursday from the industry that electric vehicles will comprise up to half of U.S. sales by the end of the decade.
In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases.