Climate and Environment
- Blog Post
A Call for New Research on Energy and the Environment
To enhance its work for the Congress, CBO is looking for new research that illuminates the effects of federal regulations on energy markets and CO2 emissions, and the effects of federal spending on efforts to adapt to climate change.
- Blog Post
Presentations on CBO’s Budget and Economic Analysis During the Pandemic
CBO’s Director, Phillip Swagel, discusses the agency’s budget and economic analysis during the pandemic.
- Blog Post
One-Page Summary of The Renewable Fuel Standard: Issues for 2015 and Beyond
CBO has assessed how much the supply of various types of renewable fuels would have to increase over the next several years to comply with the Renewable Fuel Standard (RFS), and how food and fuel prices would vary in three scenarios.
- Blog Post
Options for Reducing the Deficit: Discretionary Spending
CBO examined 28 options that encompass a broad range of discretionary programs. About a third of the options would affect defense programs; the rest are for nondefense programs.
- Blog Post
CBO Discusses the Effects of Tax Credits for Electric Vehicles at Energy Conference
Buyers of new electric vehicles receive federal tax credits of up to $7,500. How do the credits compare to the total lifetime cost of owning those vehicles and to the reduction in gasoline use and greenhouse gas emissions from driving them?
- Blog Post
CBO Testifies on Federal Financial Support for Fuels and Energy Technologies
Terry Dinan, senior advisor in CBO’s Microeconomic Studies Division, discusses her testimony before the Subcommittee on Energy of the House Committee on Science, Space, and Technology.
- Blog Post
CBO Releases a Study on the Effects of Federal Tax Credits for the Purchase of Electric Vehicles
CBO estimates that federal policies to promote the manufacture and purchase of electric vehicles (including some policies that support other types of fuel-efficient vehicles) will have a total budgetary cost of about $7.5 billion through 2019.
- Blog Post
CBO Releases Report on Federal Efforts to Reduce the Cost of Capturing and Storing Carbon Dioxide
Coal-powered facilities account for roughly a third of all U.S. emissions of carbon dioxide, and most climate scientists believe that the buildup of carbon dioxide and other greenhouse gases in the atmosphere could have costly consequences.
- Blog Post
CBO Publishes Report and Infographic on Energy Security in the United States
Energy use—for electricity, transportation, and heating and air conditioning—is pervasive throughout the U.S. economy, representing 8.4 percent of U.S. gross domestic product in 2010.
- Blog Post
CBO Releases Study on How Proposed Fuel Economy Standards Would Affect the Highway Trust Fund
Federal highway and mass transit programs are financed largely by a variety of transportation-related excise taxes. The largest share of the revenues comes from the federal tax on gasoline, including gasoline that is blended with ethanol.