It would be helpful and could shape the outcome. It isn't as though the changes will effect the budget the US House oversees.
The CBO has already looked at pricing out greenhouse gas emissions.
The idea of taxing GHGs is part of an idea to lower the deficit by the CBO. (click here)
December 14, 2018
By Nick Sobczyk
A price (click here) on greenhouse gas emissions would be one of the most effective ways to address the ballooning U.S. budget deficit, according to the Congressional Budget Office.
That's just one of a slew of options considered in CBO's "Options for Reducing the Deficit: 2019 to 2028" report, released yesterday.
Imposing a $25-per-metric-ton tax on greenhouse gas emissions would provide $1.099 trillion in revenue from 2019 through 2028, according to the report. CBO has long examined carbon pricing as one of the options for addressing the deficit and raising revenue.
Though U.S. emissions are already on a downward trend, the most recent CBO report suggests a tax would help accelerate that decline by accounting for the environmental costs of greenhouse gases across the economy.
"An argument in favor of this option is that it would reduce U.S. emission of greenhouse gases and would do so in a cost-effective way," the report says. "In particular, the tax would reduce emissions in a more cost-effective manner than regulations because such a tax would create uniform incentives for businesses and households throughout the economy to reduce their emissions."...
