EPA is about to finalize a sky-high value for carbon that could be used whenever the federal government leases land to oil drillers or buys new mail trucks. But its effect on actual policymaking may be limited.
There is one number that the Environmental Protection Agency relies on to decide which climate policies to pursue. So why does that number assume the lives of richer people are worth more?
A federal appeals court appeared poised Wednesday to uphold the Biden administration’s use of an interim climate metric to estimate the costs of rising greenhouse gas emissions.
EPA has proposed a new estimate for the social cost of carbon emissions, nearly quadrupling an interim figure that has already drawn legal challenges from a host of Republican-led states.
