In the United States, carbon taxes are the least popular form of revenue raising, but they’ve proved a powerful tool for fighting climate change.
According to a recent report by the Carbon Tracker Initiative, a non-profit that tracks carbon emissions, the United Kingdom, Canada, and Australia all have carbon taxes in place, but the US has not.
As a result, the US will likely face a new tax on carbon emissions as soon as the Senate takes up a carbon-pricing bill this week, as well as another measure to raise the federal gas tax in the coming months.
As the Senate considers the measure, several states are weighing whether to adopt a similar tax.
Washington state is considering a carbon levy of $2.50 per ton, while New York and Massachusetts are considering $1 per ton.
The new tax in Washington would be the largest carbon tax in US history, but it’s far less than the $9 per ton carbon-tax levied by France in 2011.
The carbon levy in New York, meanwhile, is the third-largest in the world.
New York state, however, is facing a revenue shortfall from a $2 billion gas tax increase, which it is considering increasing by $1.75 billion in 2018.
In Massachusetts, the state is facing revenue shortfalls from a carbon excise tax, which is set to expire in 2019.
The state also has to raise about $600 million from a sales tax increase in 2019, which would have to be approved by voters, as it does not have the funds to do so.
As it stands, New York’s carbon levy is set at $1,900 per ton and New York State is expected to collect about $1 billion in carbon revenue over the next two years, according to the Tax Foundation.
The New York City Council is considering the new tax.
As of March, New Yorkers are also being asked to pay for the cost of a pilot program in which the city sends a small carbon tax to its residents.
That program is aimed at reducing greenhouse gas emissions, but some residents have said it could be a boon for the city’s already underfunded and understaffed police department.
The program is slated to run from July 2019 to December 2020, and a portion of the revenue is to go toward a new climate-smart transit system.
The proposed pilot program will cost the city $200 million.
In February, New Jersey’s legislature voted to levy a $4 per ton tax on emissions in order to fund the city of Newark’s Climate Vision initiative.
As part of the program, the tax would be applied to emissions from vehicles, industrial processes, and power plants.
The governor of New Jersey, Phil Murphy, said in a statement that he supports the tax, but he believes it is not the right way to spend money.
“The legislature has repeatedly failed to act on climate change,” Murphy said.
“New Jerseyans deserve to have a fair and reasonable tax on greenhouse gas pollution to address climate change and protect the environment.”
A spokesman for the Governor’s Office of Climate and Energy, Matt Lavin, said that the state’s Department of Environmental Protection “has no plans to issue any carbon tax” until the state can figure out how to properly fund the pilot program.
But Lavin also said that “New Yorkers are entitled to know how much money will be raised by the state in the pilot project.”
As it is, the pilot is still in the early stages, and there are many uncertainties in the state budget.
“There’s no way of knowing how many people will be participating,” Lavin said.
New Jersey has already set aside about $3 billion in capital investments, so it could raise a lot more than the tax itself.
The city also is planning to use the money to help fund projects such as the New Jersey Transit Tunnel Replacement and the Hudson River Greenway Project.
According the City of Newark, about $300 million will be set aside to help pay for projects like the new tunnel and the Greenway.