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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

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Illustration of the representative US cumulative GHG emissions budget targets:170 and 200 Gt CO2-eq (for Kyoto gases). This report and its companions, Advancing the Science of Climate Change and Adapting to the Impacts of Climate Change are part of a congressionally requested suite of five studies known as America’s Climate Choices. “We

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

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This revenue could be used to either cut other taxes or to avoid cuts in Federal programs. The first win—Congress could reduce personal or corporate income tax rates, extend the payroll tax cut, maintain spending on social programs, or some combination of these options. —John Reilly. and Susan Collins (R-Maine).

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