Electrifying the Transportation Future: 12th Annual Mineta National Transportation Finance Summit
Transportation policymakers face two overlapping, once-in-a-generation opportunities: electrifying the nation’s vehicle fleet and re-establishing a stable source of federal and state revenue for transportation.
As states and the Biden administration begin a push to rapidly electrify the U.S. fleet for climate reasons, policymakers are under increasing pressure to rethink how states and the federal government fund transportation infrastructure and services. For decades, motor fuel taxes have generated the majority of state and federal funds spent on transportation, even if recently these taxes have been losing their purchasing power. However, a shift to electric vehicles will require a new transportation funding model.
The speakers will discuss the challenges and opportunities with such options as mileage fees, carbon taxes, higher vehicle registration fees, or a shift entirely away from user-generated revenue.
This program is supported by the Mineta Transportation Institute at San José State University.