The forecasted air pollution-related total tax revenue in the US shows a slight decrease over the period from 2024 to 2028. The year-on-year reduction is marginal, less than 0.5% annually, indicating a stable but slowly declining trend. The compound annual growth rate (CAGR) over the five-year period reflects this modest decline. In 2023, the tax revenue stood at 2.13, highlighting a gradual downward trajectory.
Future trends to watch for:
- Government policy changes on environmental taxes.
- Technological advancements in pollution control.
- Public and private sector investments in renewable energy.
- Economic shifts affecting industrial output and emissions.
