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Meeting climate goals through tax reform

Tuesday, February 27, 2024, 1:00 PM – 2:30 PM ET

The tax code, where much of U.S. climate policy is implemented, will likely be the subject of intense policy debate in 2025. To inform that debate, it is important to explore how choices for tax policy can have significant effects on the speed of decarbonization in the United States.

On Tuesday, February 27, The Hamilton Project at the Brookings Institution convened leaders and experts to discuss the future of climate policy through tax reform. The event featured a fireside chat between Senate Budget Committee Chairman Sheldon Whitehouse (D-R.I.) and Richard Rubin of the Wall Street Journal.

The event featured Kimberly Clausing (University of California Los Angeles), Wendy Edelberg (Brookings Institution), Shuting Pomerleau (Niskanen Center), James Stock (Harvard University), and Sanjay Patnaik (Brookings Institution).

The event coincided with the release of a Hamilton Project essay on related topics. For updates on the event, viewers can follow @HamiltonProj and join the conversation using #ClimateTax to ask questions or email [email protected].

1:00 p.m. | Welcome

Wendy Edelberg, Director, The Hamilton Project, Senior Fellow, Economic Studies, Brookings Institution

1:05 p.m. | Fireside chat

The Honorable Sheldon Whitehouse, Chairman, U.S. Senate Committee on Budget

Moderator: Richard Rubin, Reporter, The Wall Street Journal

1:35 p.m. | Roundtable discussion

Kimberly Clausing, Eric M. Zolt Chair in Tax Law and Policy, University of California, Los Angeles School of Law

Shuting Pomerleau, Deputy Director of Climate, Niskanen Center

James Stock, Harold Hitchings Burbank Professor of Political Economy; Vice Provost for Climate and Sustainability, Harvard University

Moderator: Sanjay Patnaik, Director, Center on Regulation and Markets, Bernard L. Schwartz Chair in Economic Policy Development, Senior Fellow, Economic Studies, Brookings Institution

2:30 p.m. | Event concludes

Event Forum

The Brookings Institution, Falk Auditorium, 1775 Massachusetts Avenue, NW Washington DC 20036

Twitter

Follow @hamiltonproj and see the conversation using #ClimateTax

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