Tax credits

Billions of federal tax dollars will soon be pouring into Louisiana to fight climate change, yet the projects they’re supporting may actually boost fossil fuels – the very products warming the planet. At issue are plans to build dozens of federally subsidized projects to capture and bury carbon dioxide from industries. On the surface, these projects seem beneficial. Keeping carbon dioxide out of the atmosphere prevents the greenhouse gas from fueling climate change. In practice, however, this may lead to a net increase in fossil fuel production and more emissions. That’s because many of these carbon capture projects will be handling emissions from facilities that rely on oil and natural gas – in fact, many of the projects are tied to major oil and gas companies through subsidiaries. Under new federal rules, the projects can receive generous tax subsidies. The more carbon dioxide the factories produce and capture, the more federal money the projects can r...

The race to decarbonize passenger cars and light-duty trucks in the U.S. is accelerating. Battery electric vehicles accounted for almost 6% of all new vehicle sales in 2022, up from close to 3% in 2021, and demand is outstripping supply, even as manufacturers roll out new models and designs. The Biden administration is spending billions of dollars to build out EV charging networks and providing incentives for purchasing new and used EVs. This shift offers big economic and environmental benefits, but they’re not spread equitably. People who bear the most burdens in our current transportation systems often receive the fewest benefits, and are least able to change their situations. I study the future of clean transportation and energy, and my research analyzes equity considerations in the design of these systems. As my colleagues and I see it, an equitable transition will require thinking broadly about all transportation users and their needs – especially those who are...