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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

Illustration of the representative US cumulative GHG emissions budget targets:170 and 200 Gt CO2-eq (for Kyoto gases). Either cap-and-trade, a system of taxing emissions, or a combination of the two could provide the needed incentives. Source: NRC. Click to enlarge.

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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. They found that the tax would raise $1.5

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