"Kevin Rennert, the director of the Social Cost of Carbon Initiative at the D.C. think tank Resources for the Future, said looking only at the U.S. totally ignores the fact that our economy is not an island. For example, events that damage America’s trade partners can damage America by extension. 'Even if domestic were the appropriate way to be looking at this, a lot of the economics and the science is simply not there to represent that full set of effects on the U.S. because of the interrelatedness of our economies,' he said."
This One Number Could Alter How the US Handles Climate Change
Grist draws on the expertise of Kevin Rennert, director of RFF's Social Cost of Carbon Initiative, in a story about Biden's executive order calling for an update to the value.
Media Highlight from Grist — Jan. 25, 2021