Posts Tagged ‘carbon tax’

An EPA-Sanctioned State-Based Carbon Tax Could Reduce Emissions and Improve State Finances

The U.S. Environmental Protection Agency (EPA) is developing a proposed rule due out in June that could allow states to use carbon excise taxes or fees to limit the one-third of U.S. greenhouse gas emissions that come from power plants. The tax approach, one of several options EPA could offer states, could provide an important […]

New Study: Tax Subsidies Do Little To Reduce Greenhouse Gas Emissions

The other day, President Obama proposed a modest and largely aspirational plan to respond to climate change. Unlike some of his past efforts, it did not include new proposals for highly targeted tax subsidies aimed at reducing the use of carbon-based fuels by encouraging “green” energy. The tax breaks were missing in large part because […]

Would a Carbon Tax and Corporate Tax Reform Taste Great Together?

Two great tastes often taste great together. Chocolate and peanut butter. Oreos and milk. Popcorn and butter. Could the same be true of carbon taxes and corporate tax reform? Done right, each could be flavorful. But would they be even tastier together? My Tax Policy Center colleague Eric Toder and I explore that question in […]

Taxes and Energy Policy

Last week I had the opportunity to testify before two Ways and Means subcommittees–Select Revenue Measures and Oversight–about the way our tax system is used as a tool of energy policy. Here are my opening remarks. You can find my full testimony here. As you know, our tax system is desperately in need of reform. It’s needlessly complex, economically […]

Carbon Taxes: The Levy (Some) Conservatives Love

You know the Washington Rule: Liberals will never support spending cuts and conservatives will never back tax increases. Yet, there is one new levy that at least some on the right do support—a carbon tax. Backing for this idea has popped up in some interesting places. Most recently, the American Enterprise Institute included it in a […]