ABSTRACT

Federal Climate Change Funding from FY2008 to FY 2014 [September 13, 2013]   [open pdf - 363KB]

"Direct federal funding to address global climate change totaled approximately $77 billion from FY2008 [Fiscal Year] through FY2013. The large majority--more than 75%--has funded technology development and deployment, primarily through the Department of Energy (DOE). More than one-third of the identified funding was included in the American Recovery and Reinvestment Act of 2009 (P.L. 111-5). The President's request for FY2014 contains $11.6 billion for federal expenditures on programs. In the request, 23% would be for science, 68% for energy technology development and deployment, 8% for international assistance, and 1% for adapting to climate change. The Office of Management and Budget (OMB) also reports that energy tax provisions that may reduce greenhouse gas (GHG) emissions would reduce tax revenues by $9.8 billion. […] This report summarizes direct federal funding identified as climate change-related from FY2008 enacted funding through FY2013 and the FY2014 request (as well as a less consistent series beginning with FY2001). It reports the Administration's estimates of tax revenues not received due to energy tax provisions that may reduce GHG emissions. The report briefly identifies the programs and funding levels, as well as some qualifications and observations on reporting of federal funding. It further offers some issues that Members may wish to consider in deliberating on U.S. climate change strategies."

Report Number:
CRS Report for Congress, R43227
Author:
Publisher:
Date:
2013-09-13
Series:
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
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