The right climate for carbon taxes
Summary
This report by the World Resources Institute outlines a tax-reform strategy centered on carbon taxes to reduce pollution and climate change risks while offsetting economic losses caused by taxes on capital and labor in the United States.
Key insights
- The report argues that the United States loses hundreds of billions of dollars annually by taxing labor and capital, and proposes pollution taxes as an alternative revenue source to mitigate these losses and decrease pollution.
- The authors propose a carbon tax strategy based on three primary elements: returning revenues to the economy through the reduction of other taxes, providing compensation to households or regions negatively impacted by energy tax payments, and ensuring the cost-effective reduction of carbon dioxide emissions.
Cite the original document
- APA
- World Resources Institute (n.d.). The right climate for carbon taxes. https://www.wri.org/research/right-climate-carbon-taxes
- Chicago
- World Resources Institute. The right climate for carbon taxes. n.d. https://www.wri.org/research/right-climate-carbon-taxes.
- Wikipedia
- {{cite report |author=World Resources Institute |title=The right climate for carbon taxes |url=https://www.wri.org/research/right-climate-carbon-taxes |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldresourcesinstitutendright, author = {{World Resources Institute}}, title = {{The right climate for carbon taxes}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/right-climate-carbon-taxes}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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