Your search for social cost of carbon received 332 results.
- About Time – …appropriate for calculating the social cost of greenhouse gases could be conservatively estimated as between 0.5%-2.5%, with a central estimate of 1.5%. Agencies should follow the Interagency Working Group’s guidance on applying new social cost of greenhouse gas estimates based on updated discount rates—and will need to justify their choices,…
- Strategically Estimating Climate Pollution Costs in a Global Environment – …Working Group on the Social Cost of Greenhouse Gases provides compelling justifications to focus on global estimates. Based on a wide range available evidence, the Working Group should consider recommending a domestic valuation of at least 75% or more of the global values for optional use as a lower-bound estimate…
- Broadening the Use of the Social Cost of Greenhouse Gases in Federal Policy – …government should apply the social cost of greenhouse gases beyond regulatory cost-benefit analysis. It is organized under the framework of “decision-making, budgeting, and procurement” laid out in the President’s executive order, identifying a number of relevant actions—like environmental reviews conducted under NEPA and the assessment of royalty rates for federal…
- EPA Urges FERC to Consider ‘Carbon Lock-In’ of Gas Pipelines, Stranded Assets – …certificate policy. Their comments suggested that FERC use the social cost of greenhouse gases as the best approach to assessing impacts of a proposed project's emissions.
- Comments on Greenhouse Gas Emission Offsets from Rail Tie Wind Project – The Rail Tie Wind Project would offset approximately 900,000 metric tons of carbon dioxide emissions annually compared to typical U.S. electric generation. We submitted comments encouraging the Western Area Power Administration to provide context for those emission offsets by using the social cost of greenhouse gases.
- April 2021 at Policy Integrity – …Fossil Fuels Rule Commentary: Keep Using (and Improving) the Social Cost of Carbon In the News: Restoring Methane Regulations Oppenheimer’s Impact on Climatology Revesz Discusses Rationality in Governance More from April 2021
- Improve the Social Cost of Carbon, Do Not Replace It – Recently, the Biden Administration called for a review and possible updating of the SCC to ensure that it reflects the latest science. Some observers, including two prominent economists, Nicholas Stern of the London School of Economics and Political Science and Joseph E. Stiglitz of Columbia University, argue that the SCC…
- 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…
- Gauging Economic Consensus on Climate Change – Issue Brief – We conducted a large-sample global survey on climate economics, which we sent to all economists who have published climate-related research in the field’s highest-ranked academic journals; 738 responded. To our knowledge, this is the largest-ever expert survey on the economics of climate change. The results show an overwhelming consensus that…
- 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…