Report: Taxing Carbon and Giving the Revenue Back to Families Can Boost the Economy, Lower Carbon Emissions, and Save Lives

  • A 2013 report from REMI, a consulting firm commissioned by Citizens Climate Lobby, shows that taxing carbon and rebating all of the revenue back to families is a net benefit for the U.S. economy (in each year, economic output is higher than in a scenario without the policy).

  • The report finds that this "carbon fee and dividend" approach reduces five times as much carbon emissions in 2030 than the Clean Power Plan.

  • The report also shows that the policy can prevent over 13,000 premature deaths and give the average family of four a $350 monthly check to compensate them for higher energy prices by 2030.