Publication
A Carbon Tax in Broader U.S. Fiscal Reform: Design and Distributional Issues
This report examines the issues and options for designing a carbon tax in the United States. Reviewing the rationales for a carbon tax in the context of broader fiscal reform, it explores design issues, environmental benefits and the options for …
Blog Post
Small steps now, or big solutions? Both.
Publication
Options and Considerations for a Federal Carbon Tax
Greenhouse gas emissions can be reduced most cost-effectively through market-based approaches that put a price on carbon. The two most commonly discussed approaches are a cap-and-trade system and a carbon tax. By establishing a price for greenhouse gas emissions, either …
Publication
Cap and Trade vs. Taxes
Cap and trade and a carbon tax are two distinct policies aimed at reducing greenhouse gas (GHG) emissions. Each approach has its vocal supporters. Those in favor of cap and trade argue that it is the only approach that can …
Publication
Tax Policies to Reduce Greenhouse Gas Emissions
This brief outlines the motivation for and key features of a tax designed to reduce emissions of greenhouse gases (GHGs). The two most commonly discussed market-based instruments for reducing GHG emissions are a cap-andtrade system and a GHG (carbon) tax. …