Biden Admin’s social cost of carbon measurement. is prohibited by a judge
Posted onAuthorLakeisha W. LoiselleComments Off on Biden Admin’s social cost of carbon measurement. is prohibited by a judge
By Humberto J. Rocha (February 11, 2022, 4:36 PM EST) – A federal judge in Louisiana on Friday blocked efforts by the Biden administration to increase estimates of government costs stemming from greenhouse gas pollution , siding with several Republican-led states that argued the president lacks the power to enforce the estimates and that higher costs would irreparably damage their economies.
President Joe Biden had ordered a review of the social cost of the carbon metric, which assigns a monetary value to the damage projects can have on public health through their production of greenhouse gases, on his first day in office. (AP Photo/Alex Brandon, File) U.S. District Judge James D. Cain Jr. granted…
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