Hybrid cars imperil New Jersey's future?
Gas tax revenues fall, meaning less money for roads and bridges.
The state yesterday began addressing how it will pay to maintain its roads and bridges if residents begin to switch at a more rapid pace to alternative-fuel vehicles. But don’t expect any answers anytime soon.
The issue poses difficult choices for policymakers. How should users of alternative-fueled vehicles be taxed to support the transportation infrastructure without imposing costs that discourage consumers from buying those cars, which generally are already more expensive than conventional vehicles?
Perhaps the bigger problem is that the transportation trust fund is essentially broke, with virtually all of the state’s gas tax revenues now being used to pay off New Jersey’s past borrowing.