We recently submitted a joint letter, coauthored by several environmental groups, to the House Committee on Natural Resources about the “Transparency and Honesty in Energy Regulations Act of 2017.” This act, H.R. 3117, seeks to direct agencies to ignore or drastically undervalue climate damages, and would seriously hamper future use and development of economically and scientifically sound estimates for the Social Cost of Carbon. This would result in federal government decisionmaking that fails to adequately account for the enormous social and economic consequences of climate change. In the letter, we urge the Committee to reject this and any other attempt to weaken, minimize or eliminate the requirement that agencies take into account the cost of climate change.
Related Reading
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EPA Updates Climate Damage Estimates in New Methane Rule
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Analytical Clarity: How Updated Climate-Damage Values and Discount Rates Will Affect Regulatory Analysis
Publications / December 1, 2023
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Statement on Presidential Directive Promoting the Use of Climate Metrics
Media Resources / September 21, 2023
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The Social Cost of Carbon: Options for Applying a Metric in Flux
Publications / September 21, 2023
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Comments to EPA on GHG Regulations for Fossil Fuel-Fired Power Plants
Project Updates / August 8, 2023