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 * Bandyopadhyay, Gopal, Fathollah Bagheri, and Michael Mann. “Reduction of Fossil Fuel** **Emissions in the USA: A Holistic Approach Towards Policy Formulation.” __Energy__** **__Policy__ 35.2 (February 2007): 950-965.**

The authors, from the Departments of Economics and Energy Engineering at the University of North Dakota, analyze the impacts of a carbon tax in the United States using economic date from 2001. Comparing a theoretical carbon tax with current taxes in the United Sates and carbon taxes in other countries, they examine how high a carbon tax would have to be in order to control emissions, whether a carbon tax could be progressive, and what the impact on household income would be if a carbon tax were implemented in the Untied States. The authors conclude that a carbon tax of $47.70 per ton of carbon would offset the tax cuts from 2001 and would create enough of an impact to result in more efficient energy consumption. Only the lowest income group in the 2001 tax code would experience a change in its tax rate as a result of a $47.70 tax per ton of carbon. (Katie Ertmer)