Green Car Congress

JUNE 20, 2009

In the interim, we need a large, focused, federal program to develop and demonstrate commercial-scale technologies. An expanded R&D program should also include efficiency upgrades, rebuilds, repowering, poly-generation and co-firing with biomass. We may not see a strong CO 2 price signal for many years.

Coal 150

Coal MIT CO2 Emissions 150

Green Car Congress

MAY 19, 2010

Illustration of the representative US cumulative GHG emissions budget targets:170 and 200 Gt CO2-eq (for Kyoto gases). In some instances, it may be appropriate for state/local efforts to be preempted by new federal programs, but this must be balanced against the need to allow for flexibility and innovation. Source: NRC.

Climate Change 199

Climate Change Carbon Climate Emissions 199

Green Car Congress

AUGUST 27, 2012

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.

Tax 312

Tax MIT Carbon Emissions 312