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Reviewing the Fiscal and Distributional Analysis of the Federal Carbon Pricing System

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Published on February 4, 2020 PDF

The federal carbon pollution pricing “backstop” system is based on the Greenhouse Gas Pollution Pricing Act, adopted on June 21, 2018. It has two components: a charge on fossil fuels, and a regulatory system for large industry, known as the “output-based pricing system” (OBPS).