Perfluorocarbons (PFCs) threaten “the public health and welfare of current and future generations,” according to a 2009 determination by the EPA as part of a sweeping “endangerment finding” on greenhouse gases. But the EPA does not regulate PFCs.
With the president’s most potent tools to fight climate change stripped by Congress and the courts, the administration will now have to rely on smaller, less powerful actions.
The report found just five of the world’s leading emitters of greenhouse gases caused $6 trillion in global economic losses through warming caused by their emissions from 1990 to 2014.
The social cost of carbon was initially a wonky metric that Barack Obama's agencies used to help guide policy with the economic consequences of climate change in mind. It's grown into a focal point for Republicans set on derailing the Biden's climate agenda.