Trump Administration Drops Social Cost of Carbon from $51 to $1

View on S&P Global website

Date

Oct. 23, 2017

News Type

Media Highlight

Source

S&P Global

"While Dudley sees flaws with the Obama administration's social cost of carbon, she urged the Trump administration to consider reconvening the working group it had just eliminated rather than leaving the task of coming up with the next value to outside groups. Such groups already have stepped up since Trump's announcement, including the nonpartisan Washington, D.C.-based think tank Resources for the Future, which launched an initiative in June to update the social cost of carbon in line with new research."

Topics

Social Cost of Carbon

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