The climate change-related energy tax revenue in the US is forecasted to grow from 94.96 billion USD in 2024 to 99.67 billion USD in 2028. This steady increase reflects a gradual year-on-year average growth rate of approximately 1.23%. In terms of Compound Annual Growth Rate (CAGR) from 2024 through 2028, the energy tax revenue is expected to grow annually at about the same percentage pace. Compared to the actual figures from 2023, this represents a continued focus on taxing energy to drive environmental initiatives.

Trends to watch for include:

Potential policy changes impacting tax rates or structures to further incentivize renewable energy adoption.
Shifts in consumer and industrial energy consumption leading to adjustments in forecasted revenues.
Technological advancements or disruptions that may alter energy production and consumption.