Tax Policy Center

climate change

: TaxVox

Bill Nordhaus, The Nobel Prize, And Carbon Taxes

Bill Nordhaus, Climate Change, And Carbon Taxes Two events this week raised the profile of carbon taxes. The first was a report by the UN...
October 10, 2018Howard Gleckman
Business Taxes: TaxVox

The White House’s (Very Brief) Flirtation with a Market-Based Solution to Climate Change

For a brief shining moment the other day, it looked as if the Trump Administration was considering a carbon tax. Combined with its aggressive effort...
April 7, 2017Howard Gleckman
Business Taxes: TaxVox

What Should Government Do With Carbon Tax Revenues?

The other day, a high-powered group of former senior Republican policy advisers and business executives proposed replacing regulations aimed at reducing greenhouse gases with a...
February 14, 2017Howard Gleckman
Business Taxes: TaxVox

Lessons for the US From Canada’s Ambitious Carbon Tax Plan

Earlier this week, Canadian Prime Minister Justin Trudeau dropped a bombshell: He’ll require every province to adopt either a carbon tax or develop a carbon...
October 6, 2016Howard Gleckman
Business Taxes: TaxVox

Exxon, Yes Exxon, Backs a Carbon Tax

The Wall Street Journal reported this morning (paywall) that Exxon, the world’s largest producer of fossil fuels, is actively lobbying for a carbon tax. Yes,...
June 30, 2016Howard Gleckman
Business Taxes: TaxVox

How A Carbon Tax Could Have Prevented The Volkswagen Diesel Scandal

If anyone needed another example of why a carbon tax is a good idea, look no further than Volkswagen’s diesel scandal. The automaker’s efforts to game the current system are a case study in what’s wrong with government attempts to reduce pollution with regulation and tax subsidies, rather than
October 12, 2015Howard Gleckman
Federal Budget and Economy: TaxVox

Senate Democrats Would Take Some Small Steps To Clean Up Energy Tax Breaks

A group of 28 Senate Democrats has proposed a major new energy bill that includes what they call significant reforms in the dozens of tax breaks aimed at encouraging the production and use of clean energy. I’ll let real energy policy experts speak to the broader bill, but the tax provisions are
September 21, 2015Howard Gleckman
Business Taxes: TaxVox

Could a Carbon Tax Prevent The Catastrophic Consequences of Climate Change That Obama Fears?

In recent days, President Obama has painted the risks of climate change in apocalyptic terms. Speaking in Anchorage, AK on Monday, Obama warned that without quick action to slow or reverse global warming, "entire nations will find themselves under severe, severe problems: More drought. More floods
September 1, 2015Howard Gleckman
Federal Budget and Economy: TaxVox

Everything You Should Know about Taxing Carbon

Climate change is hot. From the pope’s encyclical to the upcoming United Nations conference in Paris, leaders are debating how to slow and eventually stop the warming of our planet. We economists think we have an answer: put a price on carbon dioxide and the other gases driving climate change. When
June 25, 2015Donald Marron
Individual Taxes: TaxVox

Bigger, Cleaner, and More Efficient: A Carbon-Corporate Tax Swap

The Cato Institute has organized an online forum to debate pro-growth economic policy reforms. Tax Policy Center scholars Bill Gale, Donald Marron, and Eric Toder have each contributed to the discussion. The United States could reduce its contribution to global climate change and increase domestic
November 21, 2014Donald Marron