A recent Acadia Center report shows that by capping transportation carbon dioxide emissions, auctioning allowances, and investing proceeds — much like Connecticut already does for power plants emissions — the state could generate $2.7 billion in auction proceeds through 2030. Reinvesting these funds across the state’s transportation system would generate 23,000 long-term jobs; $2.2 billion in new wages; $7 billion in new business sales; and $4.3 billion in other benefits, including reduced air pollution.

Read the full article from the Hartford Courant here.