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Emissions, Energy, and Economic Implications of the Curbelo Carbon Tax Proposal
This paper presents the results of an independent analysis of the impacts on emissions, energy markets, revenues and the economy of the Curbelo proposal.
Rhodium Group’s Energy & Climate practice uses a multidisciplinary, data-driven approach to produce unique, independent insights into global energy dynamics, greenhouse gas emissions, and climate change.
We help public and private decision-makers understand what kind of climate future we are on track for, and what matters most for reducing greenhouse gas emissions—at the local, state, national, and international levels. By combining policy expertise with a suite of detailed energy-economic models, our research provides data-driven insights into the impacts of energy and climate change policy and real-world developments on greenhouse gas emissions, energy markets, economic output, and clean technology pathways.
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Showing 161 – 170 of 246 total results
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This paper presents the results of an independent analysis of the impacts on emissions, energy markets, revenues and the economy of the Curbelo proposal.
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This independent report prepared for the Columbia SIPA Center on Global Energy Policy finds a carbon tax can drive substantial reductions in US GHG emissions in the near and medium term.
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We find that US emissions under current policy are heading towards 12 to 20% below 2005 levels in 2025, a far cry from the US Paris commitment of a 26-28% reduction.
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While carbon pricing is gaining new momentum within a growing number of states, prices apply to only a fraction of total greenhouse gas (GHG) emissions and prices are relatively low.
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The footprint-based system of CAFE standards gives automakers flexibility to comply, even when gas is cheap and drivers opt for less efficient cars. But low oil prices make the standards themselves more important as a driver of fuel economy gains.
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What does the future hold for Hawaii? We find it is cheaper to accelerate the clean energy transition than cruise toward the 2045 renewables targets.
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What was already the largest blackout in American history has now likely become, in our analysis, the second largest blackout in the world.
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Energy-related emissions fell by 0.66% last year, half their 2005-2016 average rate. Power sector emissions continued to decline, but emissions from transport, buildings and industry all grew, offsetting half the decline in the power sector.
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After three years of decline, Chinese coal demand recovered modestly – up 3.3% year-on-year. Oil demand grew by 4.6% and natural gas by nearly 16% as Beijing stepped up its air pollution control efforts.
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In this initial scoping paper, Jason Bordoff and John Larsen lay out the set of issues to be addressed by identifying the key design choices to be made in implementing a carbon tax.