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News PCA opposes pause to US petrol tax

PCA opposes pause to US petrol tax

Written by Global Cement staff 24 June 2022
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US: The Portland Cement Association (PCA) has opposed a proposed federal temporary suspension to a petrol tax. PCA president and chief executive officer (CEO) Mike Ireland said, “Pausing the federal gas tax is the wrong decision at the wrong moment. Gas tax revenues fund the Infrastructure Investment and Jobs Act (IIJA), which is a once-in-a-lifetime opportunity to remake American industry and infrastructure with sustainability at its core. Removing the funding from the gas tax will strangle the IIJA before it is even up and running.”

The passage of the IIJA has coincided with PCA's launch of its Roadmap to Carbon Neutrality, which outlines the steps needed to achieve carbon neutrality across the entire cement-concrete-construction value chain by 2050. The PCA says that implementing the changes in its roadmap will require ‘significant’ funding such as those generated from the petrol tax.

Last modified on 29 June 2022
Published in Global Cement News
Tagged under
  • US
  • Portland Cement Association
  • lobbying
  • Tax
  • Infrastructure
  • Roadmap
  • net zero
  • Sustainability
  • Government
  • GCW563

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