CBO 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.
Explaining Analytical Methods
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CBO provides information about the amount of damage that could be reduced through spending for flood adaptations—projects aimed at preventing damage from flooding.
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CBO 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.
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CBO 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.
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CBO 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.