Policies to address emissions and climate change should create market-driven incentives that will lead to sustainable progress in the immediate future as well as in the long-term, NATSO said Nov. 22 in response to a Request for Information from the House Select Committee on Climate Crisis. NATSO, along with the Society of Independent Gasoline Marketers of America and the National Association of Convenience Stores, outlined a number of policy recommendations after the "Climate Committee" requested stakeholder input as it develops recommendations on policies to address pollution and climate change. Among its recommendations, NATSO said that lawmakers should provide certainty to market participants and strengthen the transportation and energy sectors by ensuring that revenues raised are not diverted to other, unrelated priorities. NATSO has long maintained that market-based policies and incentives that encourage fuel retailers to invest in alternative fuels represent the most effective way to encourage consumers to transition to those fuels. The Renewable Fuel Standard and biodiesel tax credit are examples of such policies that have worked over the past decade.
NATSO members may log in here to read the complete stakeholder recommendations.
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