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- Blog Post
Congress recently considered creating a nationwide cap-and-trade program that would limit emissions of greenhouse gases below the levels projected under current law and would allow trading of rights, or allowances, to produce those emissions. The ability to buy and sell allowances would reduce the cost to the economy of meeting the cap by letting market forces determine where, how, and when the associated cuts in emissions would be made.
- Report
Evaluating Limits on Participation and Transactions in Markets for Emissions Allowances
- Report
CBO examined the effects on allowance prices and greenhouse gas emissions of three mechanisms that would help prevent allowance prices from reaching unexpected highs and lows.
- Report
CBO projects that the future costs for VA to treat enrolled veterans will be substantially higher (in inflation-adjusted dollars) than recent appropriations for that purpose.
- Cost Estimate
Cost estimate for the bill as ordered reported by the Senate Committee on Veterans' Affairs on August 5, 2010
- Cost Estimate
Cost estimate for the bill as ordered reported by the Senate Committee on Veterans' Affairs on August 5, 2010
- Cost Estimate
Cost estimate for the bill as ordered reported by the Senate Committee on Veterans' Affairs on August 5, 2010
- Report
Using Biofuel Tax Credits to Achieve Energy and Environmental Policy Goals
- Blog Post
The federal government supports the use of biofuels—transportation fuel produced usually from renewable plant matter, such as corn—in the pursuit of national energy, environmental, and agricultural policy goals. Tax credits encourage the production and sale of biofuels in the United States, while federal mandates specify minimum amounts and types of biofuel usage each year through 2022. Tax credits effectively lower the private costs of producing biofuels relative to the costs of producing their substitutes, gasoline and diesel fuel.
- Cost Estimate
Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 12, 2010