Knowledge Tree

Relations (1)

cross_type 2.58 — strongly supporting 5 facts

The U.S. is linked to carbon tax through economic policy analysis and academic research, as evidenced by the 2018 IGM Economic Experts Panel [1] and U.S. Treasury analyses {fact:2, fact:5}. Furthermore, the impact of such a tax on U.S. households has been the subject of extensive scholarly study {fact:3, fact:4}.

Facts (5)

Sources

Carbon Pricing for Inclusive Prosperity: The Role of Public Support econfip.org EconFIP 4 facts

referenceLawrence H. Goulder, Marc A. Hafstead, G. Kim, and X. Long authored 'Impacts of a carbon tax across US household income groups: What are the equity-efficiency trade-offs?', published in the Journal of Public Economics, 175, 44-64 in 2019.

referenceHorowitz, Cronin, Hawkins, Konda, and Yuskavag authored 'Methodology for Analyzing a Carbon Tax', published as Office of Tax Analysis Working Paper 115 by the U.S. Department of the Treasury in 2017.

measurementA US Treasury analysis indicates that a $52 per ton of CO2 carbon tax would provide a $583 annual rebate per person in the United States, increasing the adjusted family income of the poorest decile by 8.9% and providing a net gain for households up to the 7th income decile.

referenceKevin A. Hassett, Aparna Mathur, and Gilbert E. Metcalf authored 'The Incidence of a U.S. Carbon Tax: A Lifetime and Regional Analysis', published in The Energy Journal, 30(2), 155-178 in 2009.

Designing Carbon Pricing Policies Across the Globe link.springer.com Springer 1 fact

measurementIn the 2018 US IGM Economic Experts Panel, 66% of members agreed that carbon taxes are a better way to implement climate policy than cap-and-trade, 29% were uncertain, and 0% expressed disagreement.