The climate change-related total tax revenue in the US, expressed in billion US dollars, is forecasted to increase steadily from 2024 to 2028. In 2023, the actual value stood at 120 billion. The year-on-year percentage increase from 2024 to 2025 is approximately 1.21%, from 2025 to 2026 is around 1.19%, from 2026 to 2027 is 1.16%, and from 2027 to 2028 is 1.13%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 averages around 1.17%.
Future trends to watch for include potential legislative changes that could influence tax policies, technological advancements in renewable energy influencing tax structures, and evolving climate policies both domestically and internationally that could impact revenue streams.
