Carbon tax profile for Nevada (Sharena Akers; previous version by

Craig Stampher)



Nevada
1990
2007
% change 1990-2007
Fossil fuel CO2 emissions, in millions of metric tonnes[1]
30.6
41.6
+35.9%
Fossil fuel CO2 emissions, in millions of short tons[2]
33.7
45.9
+36%
Population, in millions[3]
1.20
2.6
+113%
Per capita CO2 emissions, in short tons
28.1
17.9
-36.2%

Nevada's per capita emissions in 2007 were 45.86 short tons, which is more than double the U.S. average of 21.4 short tons per capita.[4] The total emissions have increased by 35.9% from 1990 to 2007 while population has more than doubled. However, since population growth has outpaced carbon emissions production, the per capita rate of emissions have decreased by 36.2%.[5]

Electric power generation created the largest portion of carbon emissions (about 53%) in Nevada, followed next by transportation uses (about 34%). Commercial, residential and industrial sources generated about 13% of the total carbon emissions.[6] Natural gas-fired power plants supply over one-half of the electricity generated in the state, followed by coal-fired plants (nearly 40%,) Hydroelectric and geothermal sources make up the remainder of the electricity generators.[7]

Nevada has a rich potential for renewable energy sources such as solar, geothermal, and wind, but transmission infrastructure is not yet fully developed for exploiting these sources. Carbon taxes may motivate more creation of renewable energy infrastructure in Nevada

(Note: Nevada generates a minor portion of carbon through its generation of exported electricity to other states such as California. This generation is through hydroelectric sources, primarily Hoover Dam.)

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 $1.4 billion in 2007 (about $537 per person), assuming a 10% reduction in emissions.

In the fiscal year of 2007 the state of Nevada collected $4.8 billion in total tax revenue. The State does not collect personal or corporate income taxes and only a small portion of property taxes in Nevada are retained by the state. Sales and Use taxes contributed to a significant portion of total revenue at $1 billion. Which means that a carbon tax could completely eradicate many other taxes including: local option, lodging, business, insurance premium, tire, bank excise, live entertainment and many other taxes. The 2007 per-capita tax burden in Nevada was approximately $1,875 -- the majority of a carbon tax could be used to lower these taxes and reduce CO2 emissions at the same time.[8]
  1. ^ From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
  2. ^ 1 metric tonne equals 1.1023 short tons.
  3. ^ 2007 population from the U.S. Census Bureau, http://www.census.gov/popest/states/NST-ann-est.html. 1990 population from U.S. Census Bureau, http://www.census.gov/popest/archives/1990s/ST-99-02.txt
  4. ^ 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.
  5. ^ EIA state profile
  6. ^ From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
  7. ^ See state profiles from the EIA, http://tonto.eia.doe.gov/state/index.cfm.
  8. ^ State of Nevada, Department of Taxation Annual Report for Fiscal 2007-2008, Published January 15, 2009.