Plugging the US Fossil Fuel Revenue Gap Won't Be Easy
A piece featured in Axios details the findings of a new study about the implication of the energy transition on government revenues.
"Fossil fuel-related government revenues are slated to plummet if the U.S. deeply cuts greenhouse gas emissions, and policy tools to make up the shortfall face hurdles, a new paper finds.
Why it matters: The analysis from the nonpartisan Resources for the Future is a rare holistic look at revenue flows across levels of government — federal, state, tribal and local."
