The Role of a Carbon Tax in Tax Reform and Deficit Reduction

Researchers at RFF developed a model of the US economy designed to analyze the economic, distributional, and environmental impacts of a federal carbon tax for current and future generations across the country. The model also examines the most efficient uses of revenue from a carbon tax—for example, to support revenue-neutral tax reform, reduce the deficit, or provide rebates to consumers. This special half-day seminar featuring distinguished researchers and experts exploring these modeling results.

Date

June 26, 2013

Event Series

Workshop

Download the Report: Deficit Reduction and Carbon Taxes: Budgetary, Economic, and Distributional Impacts

Researchers at Resources for the Future (RFF) developed a new model of the US economy designed to analyze the economic, distributional, and environmental impacts of a federal carbon tax for current and future generations across the country. The model also examines the most efficient uses of revenue from a carbon tax—for example, to support revenue-neutral tax reform, reduce the deficit, or provide rebates to consumers.

RFF invites you to learn more about these modeling results in a special half-day seminar featuring distinguished researchers and experts. In the first session, RFF researchers Rob Williams, Richard Morgenstern, Jared Carbone, and Dallas Burtraw will share model results and describe carbon tax impacts across a range of revenue recycling scenarios. In the second session, experts from the research and policy communities (see below) will comment on the economics and the politics of the model’s results.

This seminar is part of “Considering a Carbon Tax,” a research initiative in RFF’s Center for Climate and Electricity Policy.

Moderator

Raymond Kopp, RFF Senior Fellow and Director, RFF Center for Climate and Electricity Policy (CCEP)

RFF Researchers

Jared Carbone, RFF Nonresident Fellow and Associate Professor of Economics at the University of Calgary
Richard Morgenstern, RFF Senior Fellow
Rob Williams, RFF Senior Fellow and Director of Academic Programs; Associate Professor at the University of Maryland, College Park; Research Associate of the National Bureau of Economic Research

Expert Panelists

Kevin Hassett, John G. Searle Senior Fellow and Director of Economic Policy Studies, American Enterprise Institute
Donald Marron, Director of Economic Policy Initiatives and Institute Fellow, Urban Institute
Gilbert E. Metcalf, Professor of Economics at Tufts University and Research Associate at the National Bureau of Economic Research

Read more about research on carbon taxes at RFF.

 

Participants

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