To Lead the World on Climate, Biden Needs a Carbon Price
An op-ed in the Hill penned by the executive director of the Citizens' Climate Lobby cites RFF research.
Modeling from Resources for the Future shows that a carbon fee alone could deliver 45 percent emissions reductions by 2030. If consumer gasoline were exempted, the carbon price would still deliver cuts of 44 percent below 2005 levels. By combining a rising price on pollution with other climate policy measures being discussed, such as clean energy tax credits, the package will certainly achieve the necessary emissions reductions.