What You May Have Missed in Joe Biden's Climate Executive Orders

The Financial Times draws from RFF President Richard Newell's expertise on the social cost of carbon for a post-Inauguration Day newsletter.

View on The Financial Times website

Date

Jan. 22, 2021

News Type

Media Highlight

Source

The Financial Times

"In 2017, the Trump administration unleashed a 'surgical strike' on the way these metrics are calculated, said Richard Newell, president of Resources for the Future, an environmental economics think-tank...

If the reformed task force goes back to using the same methods it did under President Obama, Mr Newell said that the price would jump up to about $53 per tonne. However, he suspects it may go much higher, thanks to another executive order that calls for the government to modernise its regulatory review process."

Topics

Social Cost of Carbon

Related People

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.

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