Forecast: Air Pollution-Related Transport Tax Revenue in the US

In 2023, the air pollution-related transport tax revenue stood at 15.86% of the Environmental Tax Revenue. Forecasts for 2024 to 2028 predict a stable figure of 15.86% each year, indicating no year-on-year variations, with a consistent trend from 2024 through to 2028. The compound annual growth rate (CAGR) over this forecast period is 0%, given the unchanging value.

Future trends to monitor include:

  • Changes in government policies influencing environmental taxes, which could affect future tax revenues.
  • Technological advancements in transport that may impact emissions and consequently the associated taxes.
  • The adoption of electric and cleaner transport options and its potential impact on air pollution-related taxes.

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