MIT study finds Obama's power plant rule more costly than putting a price on carbon

MITEI Energy UROP Penelope Swain ’29 quantified energy burden across the United States to aid the evaluation of policies incentivizing solar energy and electric vehicles.

Writing for WBUR, Christopher Knittel (MIT Sloan) argues that a vehicle miles traveled tax would be the best substitute for federal gas taxes in order to account for the rise in electric vehicles—and other more fuel-efficient cars—and prevent the erosion of the transportation sector’s revenue base.