Axios Generate: “Is the US a Petro-State? No, but It’s Complicated”
RFF Fellow Daniel Raimi is quoted, and his research cited, in this newsletter segment that discusses reliance on fossil fuels for jobs and government revenue.
Yes, but: Reliance on oil and gas revenues and jobs is extremely high for numerous U.S. local and state governments.
- The nonpartisan think tank Resources For the Future has a breakdown.
- In multiple states, oil and gas account for over 10% of state and local revenue; in some cases it's much more, RFF's Daniel Raimi tells me.
Journal Article — Jul 24, 2023
The Fiscal Implications of the US Transition away from Fossil Fuels
An article published by the Review of Environmental Economics and Policy finds that, between 2015 and 2020, fossil fuels generated roughly $138 billion each year for US localities, states, tribes, and the federal government.
Resources Radio — Feb 13, 2024
Our Homes and Our Climate, with Carlos Martín
Carlos Martín discusses the importance of housing issues in environmental policy, climate resilience, and decarbonization in the United States. He describes the challenges of balancing climate adaptation in residential communities with necessary investmen
On the Issues — Feb 9, 2024
On the Issues: Natural Gas Pause, Clean Energy Equity, and More
A biweekly newsletter connecting global current events, pressing climate and energy policy news, and economics research from RFF scholars. This week: natural gas pause, clean energy equity, and more.
Common Resources — Feb 8, 2024
How a Tax Incentive for Clean Energy in the Inflation Reduction Act Could Affect Low-Income Communities
A tax provision in the Inflation Reduction Act incentivizes clean energy projects in low-income communities. A similar, existing provision for affordable housing infrastructure may offer lessons for effective implementation of the new program.