Carbon tax profile for New Mexico (previous version, only partial, byYoram Bauman)



1990
2005
% change 1990-2005
Fossil fuel CO2 emissions in millions of metric tons [1]
52.6
58.9
+12%
In millions of short tons [2]
58.0
64.9
+12%
Population in millions [3]
1.52
1.93
+27%
Per capita CO2 emissions in short tons
38.2
33.6
-12%

Per capita emissions in Washington State in 2005 were considerably lower than the U.S. average, which was 21.4 short tons per capita [4]. This was probably because of the extensive use of hydropower for electricity in Washington State [5].

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 $1.6 billion in 2005 (about $807 per person), assuming a 20% reduction in emissions.

For comparison purposes, in 2009 the state portion of the property tax generated about $1.8 billion, the state B&O (business) tax generated about $2.8 billion, and the state sales tax generated about $6.6 billion [6]. So a carbon tax of $30 per short ton of CO2 could (assuming a 20% reduction in emissions) have replaced the state portion of the property tax or could have replaced 82% of the state B&O tax or could have replaced 35% of the state sales tax.

[The paragraphs above contain the basic information, but you are welcome to add other material as you see fit; for Washington State, for example, there's a bunch of additional information at <http://carbonwa.wikispaces.com/>. You are not required to add this sort of additional information, but if you find something interesting I encourage you to write about it!]
carbon emissions

[1] EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from http://www.epa.gov/climatechange/emissions/state_energyco2inv.html.

[2] Use Google to figure out how to convert metric tons to short tons.

[3] 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.

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

[6] You’ll need to use Google to find tax or budget information for your state. The Washington State figures come from Washington State Office of Financial Management, http://www.ofm.wa.gov/budget07/summary/table01.pdf.