CQ Roll Call: "As EPA Readies Climate Rule, Obama and Trump Eras Linger"
An article about EPA's expected proposal limiting power plant emissions references RFF's work on the social cost of carbon.
The federal government uses what's called a "social cost of carbon" — a metric placing a dollar figure on the societal and environmental damage of pollution — to scrutinize rules it writes.
That figure is currently set at $51 per ton of emissions, though the EPA has proposed raising it to $190, and a study by researchers at the University of California, Berkeley, and the nonpartisan Resources for the Future published last year in Nature estimated the cost should be $185.
Journal Article — Sep 1, 2022
Comprehensive Evidence Implies a Higher Social Cost of CO₂
A multi-year study of the social cost of carbon, a critical input for climate policy analysis, finds that every additional ton of carbon dioxide emitted into the atmosphere costs society $185—far higher than the current federal estimate of $51 per ton.
Working Paper — Nov 20, 2023
Daily Temperature and Sales of Energy-using Durables
This working paper from the European Institute on Economics and the Environment examines whether temperature and other weather variables affect sales of dryers and air conditioning units.
On the Issues — Nov 10, 2023
On the Issues: Renewable Energy Headwinds, Electric Grid Upgrades, and More
A biweekly newsletter connecting global current events, pressing climate and energy policy news, and economics research from RFF scholars. This week: Renewable Energy Headwinds, Electric Grid Upgrades, and More.
Press Release — Nov 9, 2023
Adding an Emissions Cap to the Inflation Reduction Act Could Create More Cost-Effective, Certain Emissions Reductions
New RFF modeling shows that a federal cap on power-sector emissions could carry the United States to its power-sector emissions goal, and that such a cap would be less expensive for emitters and households than it would have been otherwise.