Your search for social cost of carbon received 118 results.
- Social Cost of Carbon Deadline Spurs Clash of Ideas – …administration’s estimate for the social cost of carbon before the public comment period ended. In a conference call, Institute for Policy Integrity Director Richard Revesz said that the fact OMB offered a public comment period on the SCC demonstrated that the administration had “bent over backward” to give parties on…
- Q&A: How Will a ‘Social Cost of Carbon’ Increase Affect U.S. Climate Policy? – …its estimate of the social cost of carbon, which federal regulatory agencies use to measure the economic consequences of greenhouse gas emissions. Livermore's 2022 article in the Yale Journal on Regulation, Costs, Confusion and Climate Change, coauthored with Justin Gundlach of New York University School of Law, looked at the…
- ‘Social Cost of Carbon’ Too Low, Report Says – …much a ton of carbon dioxide emitted into the atmosphere costs, including decreased agricultural productivity, damage from rising sea levels and harm to human health related to climate change. The Obama administration updated that figure, known as the “social cost of carbon,” in November. But a report released Thursday argues…
- Costs of Climate Change May Prove High for Future – …have seriously underestimated the “social cost” of carbon emissions to future generations, according to a warning in the journal Nature. Social cost is a calculation in U.S. dollars of the future damage that might be done by the emission of one metric ton of carbon dioxide as greenhouse gas levels…
- 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…
- Best Cost Estimate of Greenhouse Gases – …Order 13783 disbanded the Interagency Working Group on the Social Cost of Greenhouse Gases, withdrew IWG’s official valuations, and instead instructed agencies to monetize climate effects using “the best available science and economics.” Yet IWG’s estimates already are the product of the most widely peer-reviewed models and best available data.
- Pay Now or Pay More Later – …for the climate. Any benefit-cost analysis of these decisions ought to include their climate impact. If a particular decision will lead to more greenhouse gas emissions — building the Keystone XL pipeline, for example — that figure ought to go on the cost side of the ledger. If the decision…
- ‘Social Cost’ of Carbon Emissions Rising but Still Underestimated, Experts Warn – …$37 per tonne of carbon dioxide released into the atmosphere, according to an updated estimate by the U.S. government. The Obama administration’s cost-of-carbon figure has been put to use in a variety of ways, including to justify energy efficiency rules put out by the Department of Energy, said Richard Revesz,…
- 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…
- 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…