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

Publication Date: April 2008

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

Author(s): Robert Greenstein

Research Area: Environment

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.