As of 2023, the environmentally-related pollution tax revenue in the US was 2.10 billion US dollars (PPP = 2010). The forecast from 2024 to 2028 shows a slight decrease, stabilizing around 2.07 billion US dollars. Year-on-year variation reveals a marginal decline, with a consistent annual contraction of approximately 0.24% from 2024 onwards. Over the past five years, the compound annual growth rate (CAGR) suggests a declining trend with an average annual decrease.
Future trends to monitor include:
- Possible policy changes that could impact tax rates or broaden the tax base for pollution-related revenues.
- Technological advancements driving greener practices, potentially reducing taxable polluting activities.
- Economic factors influencing industrial activities and their environmental impact.