Originally Published December 15, 2020
This study by NERA Economics Consulting compares the carbon dividends plan to a set of regulatory policies designed to achieve the same emissions reductions. The carbon dividends model generates an extra $190 billion in economic output, on average, per year compared to the regulatory scenario. By 2036, the gap in GDP between the two policy approaches $420 billion, which corresponds to an additional $1,260 in average household consumption under the carbon dividends plan.