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Recent Projects

Viewing recent projects in Climate and Energy Policy
  • Comments to FERC on Mitigation Technical Conference

    We submitted post-technical conference comments to FERC regarding its authority to consider greenhouse gas emissions and to impose mitigation conditions in assessing whether to grant a certificate of public convenience and necessity for interstate natural gas pipelines and other infrastructure projects. Our comments also recommend that the Commission prescribe reasonable default estimates for calculating emissions and monetize climate damages using the social cost of greenhouse gases to assess the project's climate impacts under NEPA and balance them against benefits under the NGA.

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  • Amicus Brief in Tenth Circuit Challenge to Oil and Gas Permitting in New Mexico

    The Bureau of Land Management's approval of over 300 drilling permits in New Mexico would allow for an increase in production resulting in more than $1.6 billion in climate damages. We filed an amicus brief in the U.S. Court of Appeals for the Tenth Circuit criticizing the agency's analysis of the project, which inappropriately minimizes these climate impacts through comparison to nationwide totals. We explain that this approach does not facilitate a rational analysis of the project's climate effects.

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  • Costs, Confusion, and Climate Change Cover

    Costs, Confusion, and Climate Change

    Yale Journal on Regulation

    Recently, some prominent public policy experts and scholars have proposed that a “marginal abatement cost” (MAC) could be used as an alternative to the social cost of carbon (SCC). This article provides conceptual clarity about these metrics, focusing on how a MAC-based threshold could sensibly be used in climate policy, and explaining why it is not a substitute for the SCC.

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  • Comments to AHRQ on Its Role in Climate Change and Environmental Justice

    Policy Integrity submitted comments to the Agency for Healthcare Research and Quality (AHRQ) describing how the agency could integrate climate change and environmental justice considerations into its work.

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  • Comments on BOEM’s Environmental Impact Statement for the Proposed Cook Inlet Lease Sale 258

    The Bureau of Ocean Energy Management (“BOEM”) recently released an environmental impact statement (“EIS”) for its proposal to lease more than one million acres of submerged land on the Alaska Outer Continental Shelf for oil and gas development. BOEM proposes to take this action despite estimating that it could lead to more than $1.3 billion in climate damages, and despite presenting no estimate of the economic benefits, against which these climate costs might be compared.

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  • Comments to BLM on 2022 First Quarter Lease Sales

    We applaud BLM for considering and monetizing climate impacts in their environmental assessments (EAs) for oil and gas lease sales, but recommend that the agency improve its decisionmaking by better incorporating these values into its final determination, considering the informational value of delaying leasing, and conducting more robust environmental justice analyses to inform its decisionmaking.

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  • Comments to CEQ on Proposed Revisions to NEPA Regulations

    We submitted comments encouraging the Council on Environmental Quality (“CEQ”) to expand its legal and economic justification for its proposal to restore several key provisions to the regulations implementing the National Environmental Policy Act (“NEPA”) that were revised improperly in 2020. Our comments also suggest regulations and guidance that would promote the public welfare and enhance agency consideration of greenhouse gas emissions, climate risk, and environmental justice.

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  • Comments to the Federal Insurance Office on Climate-Related Financial Risks

    Insurers face and create climate risk as underwriters, investors, and risk-carriers. We submitted comments to the Federal Insurance Office (FIO) explaining how the office could use its authority to reduce these marketplace risks and to protect the affordability and accessibility of insurance.

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  • Carbon Trading for New York City’s Building Sector Cover

    Carbon Trading for New York City’s Building Sector

    Report of the Local Law 97 Carbon Trading Study Group to the New York City Mayor’s Office of Climate & Sustainability

    NYU researchers assessed whether New York City should adopt a carbon trading program for its buildings pursuant to its landmark climate law, Local Law 97 of 2019. The study offered two proposals for trading programs, both of which would benefit the City as a whole, and environmental justice communities in particular, and found that both proposals would lead to deeper GHG reductions and lower the cost of complying with LL97.

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  • Valuing the Future: Legal and Economic Considerations for Updating Discount Rates Cover

    Valuing the Future: Legal and Economic Considerations for Updating Discount Rates

    Yale Journal on Regulation

    This article explores the legal and economic considerations for updating discount rates and details the compelling economic evidence for lowering the current default rates for regulatory analyses. It argues that a declining discount rate framework can consistently harmonize agency practices and so put agencies on sound legal footing in their approach to valuing the future.

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