E&E News: "EPA Taps Panel to Review Social Cost of Carbon Metrics"
A story about EPA's new draft social cost of greenhouse gases references a recent RFF study that updates the estimate of the social cost of carbon.
Richard Newell, president of Resources for the Future, said the seven panelists are “individually highly qualified and as a group include the appropriate diversity of scientific and economic expertise.”
Newell noted that he and Cropper co-chaired the National Academy of Sciences assessment on updating the social cost of carbon in 2016 and 2017 and she “can therefore ensure that the updated methods are responsive to that important report.”
The EPA report borrows heavily from that work.
Richard G. Newell
President and CEO, Resources for the Future
Dr. Richard G. Newell is the President and CEO of Resources for the Future. From 2009 to 2011, he served as the administrator of the US Energy Information Administration, the agency responsible for official US government energy statistics and analysis.
Working Paper — Oct 23, 2023
Disentangling the Roles of Growth Uncertainty, Discounting, and the Climate Beta on the Social Cost of Carbon
This working paper clarifies the conceptual effect of uncertainty in future economic growth on the social cost of carbon.
Journal Article — Oct 16, 2023
Seven Recommendations for Pricing Greenhouse Gas Emissions
This journal article features seven recommendations for improving estimates of the social cost of greenhouse gas emissions.
Common Resources — Oct 16, 2023
Achieving the Paris Agreement Temperature Targets Would Yield Major Global Economic Benefits
New modeling from Resources for the Future shows that accelerating cuts to greenhouse gas emissions in the near future will produce major economic benefits and other long-term positive outcomes.
On the Issues — Oct 6, 2023
On the Issues: Environmental Justice, International Carbon Tax, and More
A biweekly newsletter connecting global current events, pressing climate and energy policy news, and economics research from RFF scholars. This week: environmental justice, international carbon tax, and more.