Carbon tax profile for Arkansas (Cecily Stokes-Prindle 2005)


1990
2005
% change 1990-2005
Fossil fuel CO2 emissions in millions of metric tons [1]
51
96
+88%
In millions of short tons
56
106
+88%
Population in millions [2]
2.4
2.8
+18%
Per capita CO2 emissions in short tons
24.0
38.5
+60%

Per capita emissions in Arkansas in 2005 were considerably higher than the U.S. average, which was 21.4 short tons per capita [3]. This is due in part to an energy-intensive industrial sector [4].

A carbon tax of $30 per short ton of CO2 (about $0.30 per gallon of gasoline, or about $0.03 per kWh of coal-fired power) would have raised about $2.5 billion in 2005 (about $920 per person), assuming a 20% reduction in emissions.

For comparison purposes, in 2005 the state income tax generated about $2.2 billion and the state sales tax generated about $2.4 billion [5]. So a carbon tax of $30 per short ton of CO2 could (assuming a 20% reduction in emissions) have replaced the state income tax or the state sales tax.

carbon emissions

[1] EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2005”, linked from http://www.epa.gov/climatechange/emissions/state_energyco2inv.html.

[2] 2005 population from the U.S. Census Bureau, http://www.census.gov/popest/datasets.html. (You need to download a CSV file and open it in Microsoft Excel; you might have an easier time finding 2005 population figures from Google or elsewhere.) 1990 population from U.S. Census Bureau, http://www.census.gov/popest/archives/1990s/ST-99-02.txt.

[3] U.S. population of 295.6 million in 2005 from U.S. Census Bureau, http://www.census.gov/popest/states/NST-ann-est.html. U.S. carbon emissions of 6.317 billion tons of CO2 from EPA, http://www.epa.gov/climatechange/emissions/usgginventory.html.

[4] See state profiles from the EIA, http://tonto.eia.doe.gov/state/index.cfm.

[5] http://www.state.ar.us/dfa/accounting/documents/2005comp_annual_financial.pdf