
Climate Change
Placing a price on carbon emissions can slow climate change while raising substantial revenues to reduce deficits or finance worthy initiatives. But a carbon tax or cap-and-trade system will tend to disproportionately burden low-income households by raising prices of energy and energy-intensive products. Policy Futures develops and promotes ways to protect vulnerable families from the effects of pricing carbon, while effectively reducing greenhouse gas emissions.
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Fighting Global Warming While Protecting Low-Income Households
We can effectively fight global warming with a carbon tax while protecting low-income households from the resulting increase in energy prices, as I explain in a new issue brief from Resources for...
The Design and Implementation of Policies to Protect Low-Income Households under a Carbon Tax
This issue brief discusses how a climate rebate implemented as a component of comprehensive carbon tax legislation can protect low- and moderate-income households from the loss in purchasing power...
Obama’s Climate Plan Gives States Needed Flexibility
Constrained by Congress’s unwillingness to take up climate legislation, President Obama has done the next best thing by using the Environmental Protection Agency’s (EPA) authority under the...
Need to Protect Low-Income Households Up in the Air Under EPA Climate Regulation
In my latest post for US News & World Report, I previewed the Obama Administration’s proposal to reduce carbon pollution from existing electric power plants. It was important...
Putting a Price on Carbon Can Be a Budget Policy/Energy Policy “Two-Fer”
As my CBPP colleagues have been busy documenting, House Budget Committee Chairman Paul Ryan’s budget does more to sharpen partisan differences than to move us toward a credible, sustainable,...
How Low-Income Consumers Would Fare in the Kerry-Lieberman Climate-Change Bill
The American Power Act, which Senators John Kerry (D-MA) and Joseph Lieberman (I-CT) released in draft form on May 12, includes important provisions to help ensure that the legislation’s...
Testimony: Chad Stone, Chief Economist, on Climate Policy Impact on Low-Income Households
Chairman Bingaman, Ranking Member Murkowski, and other members of the Committee, thank you for the opportunity to testify on this important topic. The focus of my testimony will be on how low-income...