The Congressional Budget Office (CBO) last week published a new issue summary examining the likely economic burden to be imposed by the reduction of greenhouse gas emissions. “The Costs of Reducing Greenhouse Gas Emissions” specifically discusses the economic costs of reducing greenhouse-gas emissions in the U.S., describing the main determinants of costs, how analysts estimate those costs, and the magnitude of estimated costs. The brief also illustrates the uncertainty surrounding such estimates using studies of H.R. 2454, the American Clean…