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How Carbon Dioxide Emissions Would Respond to a Tax or Allowance Price: An Update: Working Paper 2021-16

Ron Gecan

No 57580, Working Papers from Congressional Budget Office

Abstract: In this working paper, the Congressional Budget Office describes its recent update of parameters that characterize the relationship between emissions of carbon dioxide and changes in the price of those emissions. Based on a review of recent studies, CBO evaluated how a change in price induced by a tax or an allowance price on emissions would affect the amount of carbon dioxide released by the combustion of fossil fuels in the electric power sector, the transportation sector, and a composite sector that comprises the residential, commercial, and industrial sectors.

JEL-codes: H23 Q48 Q54 Q58 (search for similar items in EconPapers)
Date: 2021-12-14
New Economics Papers: this item is included in nep-ene and nep-env
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