Carbon Tax Research Initiative

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 Explainer: What You Need to Know about a Federal Carbon Tax in the United States

The online guide provides a high-level overview of the basics on pricing carbon, the major decisions that policymakers confront when designing a carbon tax, the implications of those decisions, and the carbon tax proposals in Congress today.

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.



Explore our research

Learn more about regulating carbon in the U.S.