WhatFinger

Carbon, SCC, social cost of carbon

The Use of the Social Cost of Carbon, So Far


Since 2009, the Obama Administration has been using the “social cost of carbon” (SCC) in cost-benefit analyses to justify regulations that reduce the use of energy from oil, coal, and natural gas. For the most part, this calculation has flown under the radar, but that changed in June when the Obama administration dramatically increased their estimate of the SCC.
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