Your search for social cost of carbon received 332 results.
- Comments on Wyoming Lease Sale – The Bureau of Land Management failed to estimate the climate impacts of leasing activity that would produce over 5 million tons of carbon dioxide-equivalent in downstream emissions on an annual basis. We submitted comments urging the agency to use the social cost of greenhouse gases in its environmental assessment.
- EPA Floats Higher Climate Damage Values In Draft Carbon ‘Cost’ Update – …draft update to the social cost of carbon (SCC) metric that floats significantly higher estimates of the climate-related damage caused by greenhouse gases than the Biden administration’s interim values, as well as a new dynamic approach to setting the “discount rate” used to reduce the value of future benefits from…
- Joint Comments on the Midcontinent Supply Header Interstate Pipeline – …million metric tons of carbon dioxide per year—but FERC fails to use the social cost of greenhouse gases metric to fully account for the climate effects of these emissions. FERC’s failure to adequately consider climate damages from the pipelines it approves is under increasing scrutiny. Our comments offer a detailed…
- The U.S. Government’s Price on Carbon Doesn’t Value the Future Much – As of 2017, the Trump administration’s new discount rate for SCC is between 3% to 7%—up from 2.5% to 5% during the Obama administration. When setting funding priorities and regulatory policy for government agencies, the Office of Management and Budget has been instructed to use the maximum rate of 7%.…
- Winners and Losers in the Climate Rule – …EPA’s proposed regulation of carbon emissions from existing power plants? Society at large. As the Regulatory Impact Analysis accompanying EPA’s proposal makes clear, the social benefits of reducing power plants’ emissions greatly outweigh the costs. EPA estimates that total compliance costs will top out at $8.8 billion in 2030 (and…
- Louisiana Asks SCOTUS to Block Biden Administration From Calculating ‘Social Cost’ of Carbon Emissions – …that the metric was arbitrary and would boost the cost of producing energy and hike regulatory costs for states. At the time, Max Sarinsky, an attorney at the Institute for Policy Integrity at NYU Law School, said Cain’s injunction might not survive.
- Comments on California’s Distributed Energy Resources Policy – …to require the state’s utilities to conduct a societal cost test to help compare the net benefits of different DER technologies. We submitted comments to the CPUC commending the agency for its revisions to the proposed analysis and recommending additional improvements.
- Comments to FERC on Failure to Monetize Climate Effects of Riverdale Gas Pipeline – …did not use the social cost of greenhouse gases to monetize the climate effects of those emissions. In the EA, FERC incorrectly claims that it is impossible to determine the significance of a discrete amount of additional greenhouse gas emissions. Our comments dispel FERC’s arbitrary and misleading rationale and explain…
- Comments on the Rescission of BLM’s Waste Prevention Rule – …relied on the IWG’s Social Cost of Methane in the original analysis. Now, BLM has radically altered the analysis for the rule, claiming that the costs outweigh its benefits and the Bureau is justifying its decision to rescind or revise the rule based on this flawed rehashing of the effects,…
- Let’s Cut All Energy Subsidies and Start Taxing Pollution – Energy subsidies have become a hot topic on the presidential campaign trail. Jeb Bush recently called for an end to all subsidies–those that support fossil fuels as well as those aiding renewable energy. Most Democrats in the presidential race support ending tax breaks for fossil-fuel companies, but believe that subsidies…