Groups Launch Efforts To Advance Carbon 'Cost' In Face Of Trump Rollback
View on Inside EPA website"Environmentalists and other supporters of climate policy are launching separate efforts to advance the social cost of carbon (SCC) metric that the Obama administration developed to estimate the benefits of greenhouse gas rules but which President Donald Trump has rolled back.
The economic think tank Resources For the Future (RFF) is launching a multi-year effort to update the SCC, prompted in part by Trump's decision to abandon the metric.
In addition, the National Academy of Sciences (NAS) is hosting a day-long symposium June 14 where key researchers from RFF and elsewhere will discuss 'academic efforts to update' the SCC, along with 'federal and state actions on valuing climate impacts.'
RFF CEO Richard Newell co-chaired a NAS panel that reviewed and made recommendations on the SCC. A January report from the panel offered a framework for continuous improvement of the SCC but did not say whether the cost estimates should rise or fall."
