Your search for social cost of carbon received 118 results.
- Economist Peter Howard: “The Question Is Not Whether Climate Change Will Impact Gross Domestic Product, but By How Much.” – …and researcher on the social cost of carbon, Peter Howard's work tries to estimate the damages done to the environment and human health by CO2 emissions. Recently, Peter Howard published with his colleague Derek Sylvan the results of one of the largest polls of international economists who have analyzed various…
- Much-Debated Climate Metric Getting Immediate Use Under Biden – …full disclosure of the social cost of carbon associated with any major project on federal lands but not a rigorous cost-benefit analysis, said Jason Schwartz, legal director for the Institute for Policy Integrity at NYU. That could force Interior officials to make a judgment call, he said. “Then it’ll be…
- Republicans Are Still Sticking Their Heads in the Tar Sands on Climate Change – “My immediate reaction is that these states should have a very hard time convincing a judge that a President asking his agencies to work together, to engage with the public and stakeholders, and then to follow the best available science and economics to evaluate the consequences of their decisions, is…
- White House’s Reworked Climate Metric Draws Suit from States – …analytical tool called the social cost of greenhouse gases. “My immediate reaction is that these states should have a very hard time convincing a judge that a President asking his agencies to work together, to engage with the public and stakeholders, and then to follow the best available science and…
- Biden’s Path Forward on the Social Cost of Carbon – …method for calculating the social cost of greenhouse gases, which will be key in evaluating government actions affecting climate change. NYU Law Professor Richard L. Revesz examines the change and says some related actions, including updating the discount rate used to evaluate future consequences, need to happen in the coming…
- Balance of Power: The Social Cost of Carbon – The cost of greenhouse gas emissions was calculated to be $1 per ton under the Trump administration. The Biden administration is increasing it to $51 per ton. Professor Richard Revesz explains what that could mean in practice and the rationale behind it (at 01:14:52).
- The Social Cost of Carbon Gets an Interim Update from the Biden Administration – In the last four years, that highly devalued, flawed SCC number was used in numerous regulatory processes. UCS worked closely with a coalition expertly led by the Institute for Policy Integrity at NYU to file comments in as many of these regulatory dockets as possible, getting on the record each…
- India Needs a Standard Metric for the Social Cost of GHG – While carrying out the cost-benefit analysis of different options to replace fossil fuels, these damages—also known as “externalities”—are often not taken into account or remain fuzzy. And that is where a tool like the SCC may help. As per the Institute for Policy Integrity, the SCC is “a metric designed…
- White House Restores Key Climate Measure Calculating Carbon’s Harm – …calculate and weigh the cost of climate change in its permitting, investment and regulatory decisions with a move to restore the “social cost of greenhouse gases,” which had been slashed under the Trump administration. Richard Revesz, a professor at New York University School of Law, said restoring the previous calculation…
- Watch This Number Closely to See How Seriously Biden Will Tackle Climate Pollution – …experts hope Biden’s interim social cost of carbon is just an initial step toward a more aggressive policy next year. “The administration is taking a careful and legally sound approach in providing that a rigorous scientific process determine further updates,” said Richard Revesz. “A great deal of research suggests that…