CBO assesses how climate change will pose risks to the United States through its effects on economic activity, real estate and financial markets, human health, biodiversity, immigration, and national security.
Climate Change
ReportCBO maintains a benchmark projection of greenhouse gas (GHG) emissions to estimate the effects of certain emissions policies. According to that projection, GHG emissions in the United States decline by about 8 percent from 2025 to 2034.
ReportCBO provides information about the amount of damage that could be reduced through spending for flood adaptations—projects aimed at preventing damage from flooding.
ReportCBO analyzes recent changes in property insurance markets and considers alternative insurance products as well as policy approaches to increase the availability and affordability of insurance for homeowners and renters.
ReportCBO examines how the share of properties at risk of flooding that are covered by policies purchased through the National Flood Insurance Program varies across communities with different economic and demographic characteristics.
ReportCBO provides an overview of greenhouse gas emissions in the manufacturing sector, presents projections of future emissions, and explains how uncertainty about economic conditions, fuel prices, and technology affects those projections.
ReportCBO examines the status, federal support, and future potential of carbon capture and storage—a process that removes carbon dioxide from the emissions of power plants and industrial facilities and stores it permanently underground.
ReportCBO estimates the flood damage homes with federally backed mortgages are expected to face in multiyear periods centered on 2020 and 2050, reflecting the effects of climate change. The agency also analyzes where that damage is concentrated.
ReportCBO examines the variation in current and future flood risk across communities with different economic and demographic characteristics.
ReportCBO describes recent trends in carbon dioxide (CO2) emissions in the electric power sector, changes in how electric power is produced and the reasons for those changes, and expectations for future CO2 emissions in that sector.
ReportCBO provides an overview of emissions of carbon dioxide (CO2, the most common greenhouse gas) in the transportation sector, describing the sources of and trends in such emissions and projecting their future path.
ReportCBO describes how imposing a charge for methane emissions generally affects emissions, companies’ costs, and natural gas prices and discusses how the agency analyzes such a charge.
ReportCBO analyzes trends in wildfire activity; considers the effects of wildfires on the federal budget, the environment, people’s health, and the economy; and reviews forest-management practices meant to reduce fire-related disasters.