by Megan Boutwell (Stillwater Associates) The Inflation Reduction Act of 2022 (IRA) provides for a two-phased approach to incentivize sustainable aviation fuel (SAF) production. The first phase, 2023-2024, expands the biomass-based diesel
Tag "social cost"
by Jean Chemnick (E&E Climatewire) 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
by Mike Lee (E&E News Climatewire) A federal standard has “enormous potential” if it improves on state-level programs, industry and trade officials told the Environment and Public Works Committee. — Senators
by Niina H Farah and Lesley Clark (Politico) The agency quietly proposed a new price tag for the damages caused by greenhouse gas emissions, as the Biden administration faces ongoing
by Alex Guillén (Politico Pro) The ruling marks the second red state lawsuit against the regulatory metric to fall short. — The U.S. Court of Appeals for the 8th Circuit on
by Zack Budryk (The Hill) The social cost of carbon is significantly higher than the federal estimate, according to a study published Thursday in the journal Nature. Researchers put the financial toll associated with
by Alex Guillen (Politico) -The decision means the White House can move forward with its plans to overhaul and likely significantly increase the number known as the social cost of
by Maxine Joselow (Washington Post) A recent court ruling that bars the Biden administration from accounting for the real-world costs of climate change has created temporary chaos at federal agencies, upending
by Matthew Choi (Politico’s Morning Energy) The fallout has started arriving following last week’s court order blocking the Biden administration from using its social cost of carbon metric in rulemakings. The
(Environmental Protection Agency) Today, the U.S. Environmental Protection Agency (EPA) took an important step forward to advance President Biden’s commitment to action on climate change and protect people’s health by proposing comprehensive new protections to
(Renewable Fuels Association) In comments submitted late last week, the Renewable Fuels Association reminded the California Air Resources Board that the state’s path toward achieving its carbon reduction targets should be technology-neutral, inclusive
(National Highway Traffic Safety Administration) NHTSA, on behalf of the Department of Transportation, is proposing revised fuel economy standards for passenger cars and light trucks for model years 2024-2026. On
by Andrew Freedman (Axios) … Adding projected heat-related deaths into cost-benefit analysis of federal rules would tilt policymaking in favor of more aggressive carbon emissions cuts, a new study finds. Why it matters: The social
by Juliet Eilperin and Brady Dennis (Washington Post) President Biden on Friday dramatically altered the way the U.S. government calculates the real-world cost of climate change, a move that could reshape a
(University of Illinois at Urbana-Champaign Institute for Sustainability, Energy, and Environment/Phys.Org) … (A)llocating CRP land for high-yielding energy biomass might eliminate the need for bioenergy crops and food crops to
by Zack Coleman (Politico’s Morning Energy) The White House is expected to sharply raise the government’s calculation of how much greenhouse gases will cost the U.S. in the future, a
by Amanda Little (Bloomberg Opinion) As President Joe Biden’s Special Presidential Envoy for Climate, John Kerry will play perhaps the most critical role internationally in managing a planetary crisis. … AL:
by Michael Greenstone and Tamma Carleton (Energy Policy Institute at the University of Chicago) This paper outlines a two-step process to return the United States government’s Social Cost of Carbon (SCC)
by Kelsey Tamborrino (Politico’s Morning Energy) New analysis this morning recommends a two-step approach for the Biden administration to immediately update the social cost of carbon. First, the report calls
by Adam Aton (E&E News) President-elect Joe Biden’s transition team says the Trump administration has done more damage than anticipated to the government’s ability to address climate change. Potentially lowering expectations
by Cynthia Thyfault and Gerard J. Ostheimer (Global Biofuture Solutions/Biofuels Digest) Due to a wide range of global challenges including climate change, environmental sustainability, social inequality, and the need for ethical
by Rebecca Beitsch (The Hill) The Trump administration has been systematically underestimating the damage caused by carbon pollution, slashing figures used under the Obama administration to weigh the impacts of policy,
by Katharine Ricke, Laurent Drouet, Ken Caldeira and Massimo Tavoni (Nature Climate Change) The social cost of carbon (SCC) is a commonly employed metric of the expected economic damages from carbon dioxide
(Columbia University’s Center on Global Energy Policy) In July 2018 Representative Carlos Curbelo proposed legislation that would put a price on US carbon dioxide emissions (“Curbelo proposal”). A carbon price is
by Joe Kennedy (Information Technology and Innovation Foundation) Evidence shows a carbon tax will induce innovation that will lower the cost of reducing CO2 emissions. If the revenues are recycled to
by Miranda Green (The Hill) A government watchdog has agreed to review the Trump administration’s method for calculating the social cost of carbon, including examining the decision to drop the rate
by Erin Voegele (Ethanol Producer Magazine) On June 7, the U.S. EPA issued an advanced notice of proposed rulemaking, announcing the agency is soliciting public input on whether and how to
by Michael Eggleston* (Advanced Biofuels USA) Carbon is the backbone of the fossil-based economy and feedstock to a bio-based economy. However, how exactly this carbon is handled continues to divide
by Mark Chediak, Ryan Beene, and John Lippert (Bloomberg) ‘Reason could prevail,’ chair of Air Resources Board says; State is considering a lawsuit to preserve its options — California’s top air-quality regulator sees
(U.S. Environmental Protection Agency) On April 2, 2018, the Administrator signed the Mid-term Evaluation Final Determination which finds that the model year 2022-2025 greenhouse gas standards are not appropriate in light
by Deborah Gertz Husar (Herald-Whig) … University of Illinois agricultural economist Madhu Khanna said the low-carbon fuel standard creates incentives to switch to low-carbon advanced biofuels, but including the indirect effect
New York Attorney General Eric Schneiderman became the first New York statewide elected official to back a carbon tax this week, POLITICO New York’s Danielle Muoio reports. “That includes passing
by Arianna Skibell (E&E News) An independent government watchdog has agreed to examine how the Trump administration uses the social cost of carbon, the metric used to calculate the impact of
by Anthony Adragna (Politico’s Morning Energy) At least 22 Democratic senators, led by Ed Markey, Sheldon Whitehouse and Kamala Harris , are sending Pruitt a letter this morning urging him
by James Ayre (Clean Technica) The true “social cost of carbon” is more than double earlier estimates — with even just an updated accounting of the agricultural sector on its own
by Jim Lane (Biofuels Digest) University of Illinois Champaign-Urbana professor Madhu Khanna has been raising issues with including an indirect land use change factor for compliance with low carbon fuel standards.
by Andrew Revkin (ProPublica) The Trump administration plans to sharply reduce the government’s estimate of how much each ton of carbon emissions harms the planet. It hasn’t done so yet, and
by Seema Jayachandran, Joost de Laat, Eric F. Lambin, Charlotte Y. Stanton, Robin Audy, Nancy E. Thomas (Science Magazine) Trees take up a lot of CO2, so one approach to reducing
(Phys.Org/ University of Illinois at Urbana-Champaign) … To penalize the carbon emissions from this so-called indirect land use change, the USEPA and California Air Resources Board include an indirect land use
(Resources for the Future) The social cost of carbon is an economic tool used to quantify the societal benefits of reducing —or conversely the damages of emitting—one ton of carbon dioxide
(White House) Energy is an essential part of American life and a staple of the world economy. The Trump Administration is committed to energy policies that lower costs for hardworking
by Chelsea Harvey (The Washington Post) How we view the costs of future climate change, and more importantly how we quantify them, may soon be changing. A much-anticipated new report,
by Chelsea Harvey (The Washington Post) … It seems increasingly likely that the Trump administration would either alter, or attempt to stop using entirely, an Obama-era metric known as the “social cost of carbon”
by Irshad Ahmed (Lee Enterprises Consulting/Biofuels International) If bioenergy represents a sustainable energy future for the planet, then why must it compete with oil prices to be deemed a feasible energy
by Robert Walton (Utility Dive) The Obama Administration has won a significant victory for its use of a social cost metric to determine the impacts of new environmental and efficiency rules, in a unanimous
by Timothy Cana (The Hill) A federal appeals court is upholding the Obama administration’s accounting of the costs of greenhouse gas emissions as applied to a Department of Energy (DOE)
by David Roberts (Vox) … People sometimes refer to the unpaid cost of carbon pollution as a subsidy, or an “implicit subsidy,” to polluting businesses. The IMF recently issued a report
by Alison Cassady and Gwynne Taraska (Center for American Progress) … By putting a price on carbon, governments can correct the market’s failure to account for the climate costs
by Robert Bradley Jr. (Master Resource) … 1) Do you support ending all energy subsidies, including cleaning up the tax code to treat all types of energy the same? A: Yes,
by Osaretin Oghomwen Omorodion* (Advanced Biofuels USA) On November 13th, the National Academies of Science’s Division of Behavioral and Social Sciences and Education convened with its board of Environmental Change
by Cristina Maza (The Christian Science Monitor) Economists, officials, and executives across the globe increasingly support carbon pricing to stem the rise of greenhouse-gas emissions. Can it work? — … “Pricing carbon
by Emily Chung (CBC News) Regulation or pricing of emissions is key, Council of Canadian Academies suggests — Canada could drastically cut its greenhouse gas emissions and meet international climate change
by James Rydge (New Climate Economy) Support for carbon pricing is growing around the world. Governments, businesses and investors are recognising that nationally-appropriate taxes and trading schemes, as part of a well-aligned
by Ben Geman (National Journal) … Later Thursday, the House is slated to begin debating GOP legislation to streamline environmental analyses and permit decisions for projects “undertaken, reviewed, or funded by Federal
by Wayne J. D’Angelo (Fracking Insider) On Tuesday, August 18, 2015, the U.S. Environmental Protection Agency (“EPA”) issued proposed New Source Performance Standards (“NSPS”) under the Clean Air Act covering methane
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Request for Nominations of Experts for the Review of Technical Support Document for the Social Cost of Greenhouse Gases DEADLINE February 15, 2022
(Environmental Protection Agency/Federal Register) The Environmental Protection Agency (EPA) National Center for Environmental Economics (NCEE), on behalf of the co-chairs of the Interagency Working Group on the Social Cost of Greenhouse