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Massachusetts, Connecticut, Rhode Island and Washington D.C. will launch the Transportation and Climate Initiative Program (TCI-P) that aims to reduce pollution while investing in cleaner transportation choices.

The TCI-P will require large gasoline and diesel fuel suppliers to purchase “allowances” for the pollution that results from the combustion of fuels sold in participating jurisdictions.

The allowances will generate $300 million annually to be invested in transportation options that produce less pollution.

The Fuels Institute conducted a study of 37 environmental initiatives to better understand their effectiveness. Access the report on the Fuels Institute’s website.