New Report Evaluates Impact of U.S. Tax Code on Greenhouse Gas Emissions
A new, congressionally mandated report from the National Research Council examines how specific U.S. tax provisions affect carbon and other greenhouse gas emissions. It considers energy-related tax revenues and expenditures such as the highway fuel tax and biofuels subsidies, as well as tax provisions in broad areas of consumption like health care and housing, but does not estimate the aggregate impact of the tax code on greenhouse gas emissions. Based on its findings, the report provides guidance for climate-related tax policy.
Advance copies of Effects of U.S. Tax Policy on Greenhouse Gas Emissions will be available to reporters starting at noon EDT Wednesday, June 19. The report is embargoed and not for public release before 11 a.m. EDT Thursday, June 20. To obtain an embargoed copy, contact the National Academies' Office of News and Public Information; tel. 202-334-2138 or e-mail email@example.com.