Teslas and other electric vehicles may be helping to solve the problem of climate change, but they're also creating a new problem for state and federal transportation budgets. That's because these budgets are funded largely from revenue generated by taxes on gasoline.

But if gas-fueled cars are being phased out, where will funding come from build new roads or even just to maintain existing ones? We posed this question to Sahas Katta, the CEO of an automobile tech startup who is working with several states on developing new ways to tax vehicle use. Katta spoke to Bloomberg Law correspondent Michael Bologna.

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Teslas and other electric vehicles may be helping to solve the problem of climate change, but they're also creating a new problem for state and federal transportation budgets. That's because these budgets are funded largely from revenue generated by taxes on gasoline.But if gas-fueled cars are being phased out, where will funding come from build new roads or even just to maintain existing ones? We posed this question to Sahas Katta, the CEO of an automobile tech startup who is working with several states on developing new ways to tax vehicle use. Katta spoke to Bloomberg Law correspondent Michael Bologna. Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Parts Per Billion is Bloomberg Law's environmental policy podcast. We cover everything from air pollution, to toxic chemicals, to corporate sustainability, and climate change. The reporters from our environment desk offer an inside look at what's happening at Congress, in the courts, and at the federal agencies, and help explain the scientific and policy debates shaping environmental laws and regulations. Host: David Schultz

Parts Per Billion is an environmental policy podcast from Bloomberg Law.

Parts Per Billion

Electric Vehicles Good for Climate, Bad for Taxation

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6657cd32-377d-475b-8aef-ae390086f045/transcript

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