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Brief

Why Local Governments Should Prepare for the Fiscal Effects of a Dwindling Coal Industry

Adele C. Morris, Noah Kaufman, Siddhi Doshi
August 20, 2019
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Abstract

This policy brief summarizes the implications of a carbon-constrained future on coal-dependent local governments in the United States. It considers the outlook for US coal production over the next decade under such conditions and explores how county finances could be affected. It also considers the responsibilities of jurisdictions to disclose these risks, particularly when they issue bonds, and the actions leaders can take to mitigate them.

Research Area

Business Taxes Consumption taxes (business) Energy/environmental tax Tax compliance (business) Campaigns, Proposals, and Reforms Federal Budget and Economy State and Local Issues State Economic Development Strategies
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Meet the Experts

  • Adele C. Morris
    Senior Fellow and Policy Director for the Climate and Energy Economics Project
  • Noah Kaufman
  • Siddhi Doshi
    Research Assistant, Economic Studies, Brookings Institution
Research report

New Evidence on The Effect of The TCJA On the Housing Market

Robert McClelland, Livia Mucciolo, Safia Sayed
March 30, 2022
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