article thumbnail

National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

Green Car Congress

Accelerate the use of renewable energy sources. Renewable energy sources offer both near-term opportunities for GHG emission reductions and potential long-term opportunities to meet global energy demand. Vulnerability and Adaptation Analyses of Coupled Human- Environment Systems. Climate-Related Human Behaviors and Institutions.

article thumbnail

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

Green Car Congress

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.

Tax 312