Economist Frank Ackerman has called the “social cost of carbon” the most important number you never heard of. What is the social cost of carbon, where do the numbers come from, and why should policymakers take care when using them?
The Social Cost of Carbon in U.S. Climate Policy, in Plain English
This policy brief explains the various steps in calculating the social cost of carbon, the weaknesses and strengths of those calculations, and how they are used to inform climate policy. The aim is to help policymakers, regulators, civil society, and others judge for themselves the reliability...
Today, the government of the United Kingdom took a significant step to shift to a low-carbon economy, providing clear signals to investors that the UK wants to host large-scale clean energy projects moving forward.
The agreement announced today takes the form of a legally binding target to reduce greenhouse gas emissions 50 percent below 1990 levels by 2025, as part of the country’s fourth carbon budget. The agreement of the country’s conservative and liberal democrat parties extends current targets and continues the country on an aggressive reduction path from 2023-2027.
p>While the Senate recently defeated four bills or amendments that would restrict EPA’s authority, it r
Performance standards could cover up to 54 percent of U.S. greenhouse gas emissions. The pie chart above depicts all U.S. greenhouse gas emissions in 2008.
If passed, the American Power Act (APA) would require companies to hold permits to emit GHGs for all emissions from facilities emitting more than 25,000 tons of carbon dioxide (CO2) or equivalent greenhouse gas. Most large U.S. chemical facilities would meet this threshold.
After years of delay, EPA gets back on track in issuing rules that provide a path to a cleaner power fleet.
This chart is an adaptation based up the original chart from EEI.
This chart is a reproduction of this chart from EEI that has been used to suggest that EPA's regulatory