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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

Green Car Congress

A report issued today by the National Research Council recommends that the US set a measurable domestic greenhouse gas (GHG) emissions budget in the range of 170 to 200 gigatons of CO 2 -equivalent (eq) for the period 2012 through 2050. Fri, Chair, Panel on Limiting the Magnitude of Future Climate Change.

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MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. —Rausch and Reilly (2012). —Rausch and Reilly (2012).

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