Climate and Environment
- Presentation
Technical Information About How CBO Models the Effects of Climate Change on Output in Its Long-Term Economic Projections
CBO provides technical details about its methods for projecting the effect of climate change on the growth of real gross domestic product.
- Report
Budgetary Effects of Climate Change and of Potential Legislative Responses to It
CBO outlines the main channels by which climate change and policies intended to mitigate or adapt to it affect the federal budget. Climate change increases budget deficits; investments in mitigation or adaptation could reduce those costs.
- Report
The 2021 Long-Term Budget Outlook
CBO presents its projections of the federal budget for the next 30 years if current laws governing taxes and spending generally did not change. Growth in revenues would be outpaced by growth in spending, leading to rising deficits and debt.
- Report
Options for Reducing the Deficit: 2021 to 2030
CBO periodically issues a compendium of policy options and their effects on the federal budget. This document provides estimates of the budgetary savings from 83 options that would decrease federal spending or increase federal revenues.
- Presentation
An Overview of CBO’s Work on Climate Change
Presentation by Phillip Swagel, CBO’s Director, at the EY Corporate Carbon Forum.
- Working Paper
CBO’s Projection of the Effect of Climate Change on U.S. Economic Output: Working Paper 2020-06
This paper describes how CBO constructed its projection of the effect of climate change on U.S. output, how the projected effect should be interpreted, limitations of the analysis, and the central climate-change scenario that CBO used.
- Report
The 2020 Long-Term Budget Outlook
CBO presents its projections of what federal deficits, debt, spending, and revenues would be for the next 30 years if current laws governing taxes and spending generally did not change.
- Cost Estimate
Direct Spending Effects of Senate Amendment 1617 to H.R. 1957, the Taxpayer First Act of 2019
As introduced on June 10, 2020
- Report
Enhancing the Security of the North American Electric Grid
This report discusses a range of threats that could cause widespread, long-lasting disruptions for the electric grid. CBO examines two illustrative approaches to enhance the security of the electric grid and highlights some considerations for policymakers to take into account.
- Cost Estimate
S. 1069, Digital Coast Act
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on November 13, 2019