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Testimony: Robert Greenstein on Climate Change at the Senate Finance Committee Hearing on the Tax Aspects of a Cap-and-Trade System

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Publication Date: April 2008

Publisher(s): Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Robert Greenstein

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Environment (Weather and climate)

Keywords: Economic projections; Fiscal future; Federal budget; Income diversity

Type: Report

Abstract:

Strong and effective measures are needed to reduce greenhouse gas emissions and prevent costly and potentially catastrophic environmental and economic damage as a result of climate change.  The Center on Budget and Policy Priorities' area of expertise is not in environmental policy per se but in the impacts that climate-change policies can have on the budgets of American families--especially those of modest means--and on the federal budget.