In 2024, the climate change-related transport tax revenue in the US is forecasted to maintain a constant value of 0.45 through 2028. This steady trend follows the actual data from 2023, reflecting no anticipated year-on-year variation, indicating a stabilization in this revenue stream. As there are no variations recorded over the period, the compound annual growth rate (CAGR) remains at zero over the next five years.
Future trends to watch for:
- Potential policy changes that could influence tax revenue growth.
- Technological advancements reducing emissions may impact the tax base.
- Public pressure for increased environmental action influencing tax policies.
- Economic factors that could affect transportation and tax collection.