We Must Resist the Urge to Apply Short-Term Solutions to Long-Term Problems
North Carolina leaders have recently suggested that they are reviewing adjustments to the gas tax. While toying with the gas tax may be politically popular and offer quick relief, it is extremely shortsighted. Our state relies on investment in infrastructure to move people and products safely and efficiently. Though we have long advocated for the diversification of funding, the reality remains that the gas tax is our core source of investment in North Carolina’s roads, railways, ports, and airports.
It’s important to note that the gas tax is not our culprit when it comes to soaring gas prices. The ban of Russian energy imports only further highlights the need for a comprehensive, environmentally responsible strategy to ensure every corner of the state, and nation, has access to efficient and affordable energy. That’s why the NC Chamber advocates for a forward-thinking, “all-of-the-above” energy strategy that supports grid modernization and improves access to renewables, solar, wind, geothermal, biomass, natural gas, oil, coal and nuclear power.
These are not easy issues to solve but applying quick fixes to offer quick relief will not get us any closer to securing our long-term future. It simply pushes these problems off for another day.
Engage with the NC Chamber’s Long-Term Transportation Funding Efforts
U.S. Chamber: Record High Russian Oil Imports Show Need for Smarter Domestic Energy Policy
ARTBA: State Gas Tax Adjustments Have Limited Impacts on Pump Prices
Axios: Gas tax pause no real holiday for cash-strapped drivers