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Budgetary Effects of Climate Change and of Potential Legislative Responses to It

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  • Congressional Budget Office

Abstract

In this report, CBO identifies the primary channels by which climate change affects the federal budget. The report also outlines how policies intended to mitigate climate change or adapt to its effects could affect the budget. CBO currently has no basis for estimating the extent to which the up-front costs of such policies might lead to future budgetary savings, because many of the linkages between climate change and the federal budget require additional information and analysis.

Suggested Citation

  • Congressional Budget Office, 2021. "Budgetary Effects of Climate Change and of Potential Legislative Responses to It," Reports 57019, Congressional Budget Office.
    • Handle: RePEc:cbo:report:57019
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    File URL: https://www.cbo.gov/system/files/2021-04/57019-Climate-Change.pdf
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    More about this item

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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