Category Archives: taxes

Quantifying the Climate Tax: The Full Ledger of Harm

Macro-Welfare Frameworks vs. Economic Justice Valuation in the United States Daniel Brouse and Sidd Mukherjee I. Introduction A. Research Problem Climate change imposes large and growing costs on the United States, yet there is still no centralized national ledger that captures the full burden in a unified way. Conventional economic indicators—especially GDP, insured losses, and […]

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The Welfare Cost of Climate Change in the United States

A Per-Capita Estimate of Mortality, Morbidity, and Life-Expectancy Loss in 2025 Daniel Brouse and Siddhartha MukherjeeJune 2026 Abstract: Climate Welfare Accounting Framework (CWAF) Climate change is often discussed in terms of physical damages, disaster losses, or aggregate effects on GDP. Those measures are important, but they understate a central reality: climate change is also a […]

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The Acceleration of U.S. Climate-Linked Economic Burden (1890–2040 Projection)

by Daniel Brouse and Sidd Mukherjee This paper estimates the long-run evolution of U.S. climate-related economic burdens and finds strong evidence of nonlinear acceleration. Using a reconstructed baseline in the late 19th century and an integrated 2025 estimate of approximately $1.5 trillion annually in climate-attributable economic losses, we estimate that the effective doubling time of […]

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The 2025 Cost of Climate Change in the United States

Estimating the Per-Person Economic Burden of Extreme Weather, Insurance Destabilization, Climate Inflation, and Health Impacts A reasonable all-in estimate for the 2025 economic burden of climate change on the United States is about $1.5 trillion, or roughly $4,400 per person. For a family of four, the implied annual burden is roughly $17,600. That burden extends […]

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A Coupled Framework for Compression of Climate Impact Doubling Times

Climate Jerk in Socio-Ecological Systems By Daniel Brouse and Sidd Mukherjee Abstract Conventional climate-risk analysis often treats impacts as the downstream consequence of physical hazard intensification alone. In this framing, rising losses, displacement, mortality, infrastructure disruption, and systemic instability are interpreted primarily as a function of increasing temperature, precipitation extremes, sea-level rise, or other physical […]

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Inflation Surges to Three-Year High as Oil Shock Ripples Through the Economy

Rising Energy Costs Push Inflation Higher U.S. consumer inflation accelerated sharply in May 2026, reaching its highest level in three years according to the latest data released by the Bureau of Labor Statistics (BLS). The Consumer Price Index (CPI), the government’s primary measure of inflation, rose 4.2% over the previous twelve months, up from 3.8% […]

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The Future: Feedback Loops and the Limits of Human Adaptation

Introduction: Bounded — But Potentially Extreme Q: What is the most likely future climate scenario? A: Accelerating climate disruption driven by interacting feedback loops. The good news is that physics places limits on the absolute worst-case outcomes. Earth is not expected to undergo a runaway Venus-style greenhouse effect in which oceans boil away and the […]

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The AI Investment Bubble and the Coming Automation Tax Debate

Investing in equities tied to the AI boom carries enormous uncertainty. Trillions of dollars are now being poured into artificial intelligence infrastructure, chips, data centers, and automation platforms — but trillions in spending do not automatically translate into trillions in profits. The core economic question remains unresolved: how will many of these companies generate sustainable […]

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Debt Crosses the Line: U.S. Debt Surpasses the Size of the Economy

As of April 30, 2026, U.S. federal debt held by the public has officially exceeded the size of the entire American economy for the first time since World War II—a symbolic and economically significant milestone. Current Fiscal Snapshot What It Means for Households Crossing the 100% threshold does not trigger an immediate crisis, but it […]

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Why Have Oil Futures Stabilized?

Recent months have raised a common question in energy markets: why hasn’t oil continued to spike despite geopolitical tensions and supply uncertainty? One major factor is the active use of the U.S. strategic oil buffer system managed by the United States Department of Energy, specifically the Strategic Petroleum Reserve (SPR). Strategic Petroleum Reserve Releases and […]

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