The Effects of Climate-Change Policies on the Federal Budget and the Budgets of Low-Income Households: An Economic Analysis
Publication Date: May 2008
Author(s): Chad Stone
Special Collection: John D. and Catherine T. MacArthur Foundation
Keywords: Economic projections; Federal budget; Income diversity
Effective measures to reduce greenhouse-gas emissions can be compatible with sound budgeting and the fair treatment of low-income consumers. Designing a policy that meets these objectives requires, however, that lawmakers be mindful not just of the environmental consequences of their actions but of the budgetary and distributional implications as well.