Climate change presents serious threats to the economy, the environment and national security. To address these threats, a growing number of influential businesses, scientists, NGOs, policymakers, and thought leaders are calling for a carbon tax, which would put a price on carbon dioxide (CO2) and other greenhouse gas (GHG) emissions. Economists point to a price on GHGs as a key part of a strategy to address climate risks cost-effectively.

The Carbon Tax Research Initiative explores key questions and implications related to the design and implementation of a carbon tax in the United States. It provides a platform to educate and enhance the dialogue among policymakers, business leaders, students, and the general public through original research, public events, and workshops.

While the prospects for a carbon tax may seem unlikely today, given the speed at which legislative windows open and close, comprehensive policy analysis needs to be prepared in advance. That way, when the time comes, policymakers will have the tools necessary to make informed decisions on whether and how to implement a carbon tax policy in the United States.  

The purpose of CGEP's Carbon Tax Research Initiative is not to advocate for a particular policy, but rather to produce clear, objective, and data-driven research that enables the thoughtful consideration of federal carbon tax policy in the United States. CGEP’s research will address the important decisions associated with the design of a carbon tax policy and the implications of these decisions on the U.S. energy system, environment, and economy.

New Commentary: A Clean Electricity Standard’s Weaknesses May Be Its Biggest Strengths

In a new commentary, CGEP Research Scholar Dr. Noah Kaufman analyzes a nationwide clean electricity standard proposed by Senator Tina Smith (D-MN) and Congressman Ben Ray Luján (D-NM).

New Report: Interactions between a Federal Carbon Tax and Other Climate Policies

Read our newest report: Interactions between a Federal Carbon Tax and Other Climate Policies, and view a new interactive tool that categorizes different policies designed to reduce greenhouse gas emissions.

New Video: Carbon Taxes: How They Work

As economists, policymakers and other leaders eye carbon taxes as a climate policy solution, the Center on Global Energy Policy launched a new video that provides the basics on how carbon taxes work and what tradeoffs to consider when designing policy. The video addresses carbon taxes’ implications for the economy, the environment and energy.



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