The Biden Administration Is Skewing Carbon Numbers to Push Regulations

The social cost of carbon is a climate economics construct used to quantify the damages associated with carbon dioxide emissions.

The Biden administration wants to use of social cost of carbon in public policy to justify its regulatory agenda.

The administration recently invited the public to comment on the Interagency Working Group's interim technical support document on the social costs of greenhouse gases, including carbon dioxide.

In a nutshell, we developed a multi-layered case against the Biden administration using the social cost of carbon analysis as a basis, framework, or tool for guiding or informing federal agency regulatory, permitting, or procurement decisions.

If the Interagency Working Group continues to produce social cost of carbon estimates, it should limit the analytic horizon to 2150, which could reduce social cost of carbon estimates by more than 25%. Section 6 explainsthat the Interagency Working Group relies on an outmoded climate sensitivity probability distribution that inflates social cost of carbon estimates.

If the Interagency Working Group continues to produce social cost of carbon estimates, it should clearly present the probabilities of negative social cost of carbon values.

If the Interagency Working Group continues to produce social cost of carbon estimates, it should not use models that ignore carbon dioxide fertilization benefits.

https://www.dailysignal.com/2021/06/25/the-biden-administration-is-skewing-carbon-numbers-to-push-regulations/