Climate Change Archive
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Lessons From The Telephones Lifeline Program Add To Concerns About Using Utilities to Deliver Low-Income Climate Rebates
July 18, 2008
Protecting the budgets of low-income consumers is a critical issue in the design of climate change legislation. The Lieberman-Warner Climate Security Act recently debated in the Senate contained a measure that relied primarily on electric and gas utilities to deliver such relief. However, evidence from the only existing federal program that delivers … -
How Low-Income Consumers Fare in the Senate Climate-Change Bill
June 3, 2008
On June 2, the Senate began consideration of S. 3036, the Lieberman-Warner Climate Security Act of 2008. This is landmark legislation that would establish a cap on U.S. greenhouse-gas emissions — a critical step forward in the fight against global warming. It would do so without endangering future economic growth and … -
How CBO Estimates the Cost of Climate-Change Legislation
May 13, 2008
When the Congressional Budget Office prepares cost estimates for climate-change legislation, those estimates reflect what is known as a “25-percent income and payroll tax offset.” As a result of this offset, the net revenue estimated to be generated by an auction of emissions allowances under a cap-and-trade program or … -
Brochure: Climate-Change Policies Can Treat Poor Families Fairly and Be Fiscally Responsible
Revised May 12, 2008
The United States can reduce greenhouse-gas emissions in a way that does not increase poverty or otherwise harm low-income households and is fiscally responsible. As part of any global warming legislation, Congress should take steps to protect low- and moderate-income consumers. Efficient, effective policies to reduce greenhouse-gas … -
Designing Climate-Change Legislation That Shields Low-Income Households from Increased Poverty and Hardship
Revised May 9, 2008
Efficient, effective policies to reduce greenhouse-gas emissions work in part by raising the prices of fossil-fuel energy products to encourage energy efficiency and the substitution of clean energy sources for fossil fuel. This is essential to prevent extensive environmental and economic damage from climate change. However, it … -
The Effects of Climate-Change Policies on the Federal Budget and the Budgets of Low-Income Households
Revised May 9, 2008
Effective measures to reduce greenhouse-gas emissions can be compatible with sound budgeting and the fair treatment of low-income consumers. Designing a policy that meets these objectives requires, however, that lawmakers be mindful not just of the environmental consequences of their actions but of the budgetary and distributional … -
Testimony of Robert Greenstein, Executive Director, Center on Budget and Policy Priorities at the Hearing on the Tax Aspects of a Cap-and-Trade System, Senate Committee on Finance
April 24, 2008
Strong and effective measures are needed to reduce greenhouse gas emissions and prevent costly and potentially catastrophic environmental and economic damage as a result of climate change. The Center on Budget and Policy Priorities’ area of expertise is not in environmental policy per … -
Testimony Of Robert Greenstein, Executive Director, Center On Budget And Policy Priorities Hearing On "Cap, Auction, And Trade: Auctions And Revenue Recycling Under Carbon Cap And Trade" Select Committee On Energy Independence And Global Warming
January 23, 2008
Strong measures are needed to reduce greenhouse gas emissions and prevent costly and potentially catastrophic environmental and economic damages from climate change. The Center on Budget and Policy Priorities’ area of expertise is not in environmental policy per se, but rather in the impacts that climate change policies …
