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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

In its analysis, the panel that wrote Limiting the Magnitude focused on a range of global atmospheric GHG concentrations between 450 and 550 ppm CO 2 -eq. 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.

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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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