US EPA proposes hiking social cost of carbon to nearly $200/tonne

Published 18:38 on November 11, 2022  /  Last updated at 18:38 on November 11, 2022  /  Americas, US  /  No Comments

The US EPA on Friday presented new analysis to significantly raise the social cost of carbon (SCC) compared to current values, as a working group under President Joe Biden’s administration works to develop a final figure amid ongoing legal challenges.

The US EPA on Friday presented new analysis to significantly raise the social cost of carbon (SCC) compared to current values, as a working group under President Joe Biden’s administration works to develop a final figure amid ongoing legal challenges.

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