Making the concert-going experience more sustainable
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When Ram won its first Motor Trend Truck of the Year, it was celebrated. But after seven times, what's left to say? The trophy speaks for itself. And now, so does the deal with Employee Pricing Plus. Stop by your local dealer today and take home a Ram truck. Ram, seven-time Motor Trend Truck of the Year. Nothing stops Ram.

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I'm David Brancaccio in Los Angeles. Republicans on the Senate Finance Committee have unveiled their version of the mega tax and spending bill. They did it last evening. This differs from the House passed version on some flashpoint issues. Marketplace's Henry Epp has an update.

Some tax breaks in the Senate committee version are less generous than those passed by the House. For example, the Senate proposes raising the child tax credit to $2,200, less than the House's $2,500. The Senate would also put limits on deductions for tipped income and overtime pay. And it would keep the cap on state and local tax deductions at $10,000, well below the House's proposed $40,000.

The Senate version would also more aggressively cut Medicaid by limiting the provider tax set by states. Like the House, it would set work requirements for some Medicaid recipients. But the Senate would give green energy companies more time than the House to start projects that qualify for tax credits passed under former President Joe Biden, though it would more quickly end tax credits for buyers of new and used electric vehicles.

And the Senate would raise the debt ceiling higher than the House to $5 trillion rather than $4 trillion. GOP leaders want to reconcile all these issues and pass the bill before the Fourth of July. I'm Henry Epp for Marketplace.

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When Ram won its first Motor Trend Truck of the Year, it was celebrated. But after seven times, what's left to say? The trophy speaks for itself. And now, so does the deal with Employee Pricing Plus. Stop by your local dealer today and take home a Ram truck. Ram, seven-time Motor Trend Truck of the Year.

Nothing stops Ram. Offer valid on select 2024 and 2025 Rams for non-FCA employees and retirees. $200 admin fee applies. Not all buyers will qualify. Restrictions apply. Does not apply to leases. See dealer for details and 63025. Ram is a registered trademark of FCA US LLC.

Now to the business of rock and roll and lowering the impact of concert tours on the earth. Reverb, a nonprofit that works to create a more environmentally friendly music industry, has a new study that looks at the impact of traveling to music events. It finds a lot of interest among music lovers in more sustainable transportation options. Reverb's co-founder and co-executive director, Adam Gardner, joins us now. You might also know him as guitarist and singer for the band Guster. Adam, welcome back.

Thanks for having me. I think about the impact of going to a concert and, you know, you see piles of trash at the ones that are not managed correctly. You can see, you know,

mountains of single-use water bottles. But really, it's the travel when you're looking for carbon footprint. And you think that's a place where carbon could be saved? Yeah, it has to be. It's just by far the largest part of any concert's footprint, which, you know, if you think about it, makes sense. But it's really a symptom of a larger infrastructural and transportation issue in our country.

But music is a high-profile industry, and if there's a way for it to be a catalyst for change on a municipal level, when we're talking about public transit and cultural level and talking about people actually using it, this is what we're excited about. And I was looking at the study. It was also striking. You just got to – a key part of this is letting people know that there are alternatives for getting there than necessarily driving alone in a car. They're not.

everywhere. And I don't want to place this responsibility all on fans because it isn't. And again, what's interesting is fans want this, but they're not given the information or there isn't the infrastructure there. So it's a responsibility that's shared from the venues to the promoters of the concerts. The artists can be playing a huge role in communicating those options.

And there's local business opportunities with party buses and shuttles. And we've seen some solutions already starting to happen. This thing for me is it came out of a natural place. I think a lot of people who go to concerts can relate. When's the last time you've gone to a show and at the end of the night, you haven't had to make that decision between seeing the encore or leaving early so you don't have to sit in traffic to get out of there?

Is there a kind of underwriters seal of approval for shows that are making an effort with regard to the environment? The artists are playing a big role in being the cheerleader, for lack of a better term. The good news is also coming out of

the COVID shutdown, a lot more energy in the music industry is focused on sustainability in a real way. Before it was, maybe when we get to it, but now people are starting to understand that there's a real demand, not only from the artists that are playing these venues, but the fans that are attending. So we're very excited about that. I think, again, it really comes down, we call the three I's, information, infrastructure, and incentive. That's what's going to move the needle with concert travel.

Adam Gardner is co-founder of the nonprofit Reverb that works on environmental issues as they impact the music industry and the concert industry. You can read more about Reverb's concert travel study on our website, marketplace.org. Also, Adam sings and plays guitar, does a lot of things for the band Guster. Thank you for doing this. Thanks, David. Thanks for having me. In Los Angeles, I'm David Brancaccio. You're listening to the Marketplace Morning Report.

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