Your search for social cost of carbon received 118 results.
- Biden Administration Restores Obama-Era Carbon Cost Estimate, Plans 2022 Update – …have long used the social cost of carbon in their research, and several states have continued to use the Obama-era estimate in their policymaking. Richard Revesz said whatever comes out of the working group going forward will be reviewed by leading economists and other experts. "It sets forth a blueprint…
- Biden Officials Issue ‘Interim’ Carbon ‘Costs’ Based on Obama Approach – Many experts expect the subsequent updates could lead to estimates of climate damages well higher than $100 per ton. “A great deal of research suggests that these interim values are a lower bound for the damages of greenhouse gas emissions. The administration is taking a careful and legally sound approach…
- Biden Faces Call for Broad SCC Reform to Bolster Value of GHG Policies – …“interim” value for the social cost of carbon used to estimate the benefits of greenhouse gas reduction measures, Richard Revesz, director of the Institute for Policy Integrity at New York University, is urging a broad reform of the SCC and the associated “discount rate” of future impacts in order to…
- Academics Urge Biden to Tie SCC Update to Broader Cost-Benefit Fixes – …process to bolster the federal government's approach to the social cost of carbon climate damages metric with a broader overhaul of cost-benefit review procedures, arguing such an approach could shield any changes from legal challenges.
- Biden’s Carbon Cost Calculation Key Step in Climate Agenda – …accurate value for the social cost of carbon will be vital for much of the Biden administration's environmental agenda, said Jason Schwartz, legal director at the Institute for Policy Integrity at New York University School of Law. "It is going to help in undoing all the harmful deregulation to climate…
- This One Number Could Change How the U.S. Handles Climate Change – …agencies to use the social cost of carbon as part of any cost-benefit analysis of new regulations. This is not to say that the Obama administration’s method was perfect. Peter Howard, an economist at New York University’s Institute for Policy Integrity, has identified significant damages that will result from climate…
- SCC Experts Back Environmentalists’ NEPA Appeal – Two amicus briefs—one from Ricky Revesz, director of the Institute for Policy Integrity (IPI) at New York University, and another from University of Chicago economics professor Michael Greenstone—were submitted to the U.S. Court of Appeals for the 9th Circuit, which is hearing environmental groups’ appeal seeking to vacate the NEPA…
- ‘Billions of Dollars in Climate Harm’: Green Groups Seek Rehearing of Rio Grande LNG Redesign Approval – A coalition of South Texas community groups and environmental organiztions has challenged U.S. federal regulators' decision last month to approve a scaled-down Rio Grande LNG facility. The suit filed in June has attracted interest from outside groups, with New York University's Institute for Policy Integrity submitting an amicus brief.
- FERC’s Carbon Blind Spot – …for the environmental and social cost of carbon emissions. Given FERC’s obsession with promoting economic efficiency, its reluctance to address such a glaring inefficiency is puzzling, Davis Noll and Unel argue. Like others before them, they suggest that an agency-imposed surcharge on the wholesale price of high-carbon energy—a “carbon adder”—could…
- Court’s Ruling Against Trump Elevates Debate on Climate Metric – …metric to study the social costs of greenhouse gases, said Jason A. Schwartz, legal director for New York University’s Institute for Policy Integrity. The group filed an amicus brief supporting challenges to the Trump administration’s methane rollback. “No administration can change what the best science or the best economics is…