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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

Although the energy intensity of the US economy has been improving for the past two decades, total emissions will continue to rise without a significant change from business as usual. The report recommends seven specific overarching strategies: Adopt an economy-wide carbon pricing system. Limiting the Magnitude”.

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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). —John Reilly.

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