CBO analyzes proposed policies for limiting damage resulting from pollution that affects the atmosphere, land, and water resources. Of particular concern to many policymakers are the increasingly large quantities of greenhouse gases, especially carbon dioxide, that are being emitted as a result of human activities, and CBO has studied a range of policies for reducing such emissions.
Climate and Environment
Dec 2013 – A carbon tax or cap-and-trade program could make emission-intensive U.S. products less competitive and increase emissions overseas. Import tariffs related to emissions could reduce those effects but would be hard to implement.
May 2013 - A carbon tax’s effect on the economy depends on how lawmakers would use revenues generated by the tax. The tax would help reduce U.S. emissions but would have only a modest effect on the Earth’s climate without a worldwide effort.
Sep 2012 - CBO’s report assesses how the credits affect the relative cost of owning an electric vehicle, and how cost-effectively the credits reduce gasoline consumption and greenhouse gas emissions.
June 2012 - Capturing and storing carbon dioxide is a much-discussed option for reducing the nation’s greenhouse gas emissions while preserving its ability to produce electricity at coal-fired power plants.
May 2012 - Improving energy security—the ability of U.S. households and businesses to accommodate disruptions of supply in energy markets—requires considering policies related to the nation’s supply of and demand for oil.
- cost estimateFebruary 19, 2014
- cost estimateFebruary 20, 2014
- cost estimateFebruary 3, 2014
- working paperJanuary 27, 2014
- cost estimateJanuary 23, 2014
- cost estimateJanuary 13, 2014
- cost estimateJanuary 7, 2014
H.R. 1491, a bill to authorize the Administrator of the National Oceanic and Atmospheric Administration to provide certain funds to eligible entities for activities undertaken to address the marine debris impacts of the March 2011 Tohoku earthquake and sucost estimateDecember 20, 2013
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