Sentences with phrase «social cost of carbon analysis»

The notoriously anti-science House Science Committee has hit a new low, voting on Thursday to approve a spending bill amendment that «would prohibit defense spending on climate change research and the social cost of carbon analysis.»

Not exact matches

linking probabilistic simple climate models, complex Earth system models, and econometric analyses of historical weathering and climate impacts to project future risks associated with climate change and improve estimates of the social cost of carbon.

And this analysis was actually conducted with an outdated social cost of carbon estimate.

Sensitivity of the climate to carbon dioxide, and the level of uncertainty in its value, is a key input into the economic models that drive cost - benefit analyses, including estimates of the social cost of carbon.

Underpinning the EPA's proposed regulations and effectively determining the level of regulation imposed is a cost - benefit analysis that uses the «social cost of carbon,» a highly questionable statistic from the environmental economics literature.

Such impacts are consolidated into integrated assessment models to calculate the social cost of carbon and perform global cost - benefit analyses for climate policy.

His research focuses on the estimation of the «social cost of carbon,» including the proper discount rate to be used in cost - benefit analyses and the implications of structural uncertainty for policy solutions.

Although most economic analyses of these policy proposals only estimated the costs, a study by the New York University School of Law's Institute for Policy Integrity (IPI) also evaluated the benefits of Waxman - Markey by using a range of possible values for the social cost of carbon (SCC).

These include efforts to retract the Clean Power Plan, to eliminate the use of the social cost of carbon as currently constituted in federal cost / benefit analyses, and acknowledgement the current generation of climate models has no utility with regard to policy.

As part of that order, Trump directedfederal agencies to stop using the social cost of carbon — the estimated economic cost of emitting 1 ton of carbon pollution into the atmosphere — in their cost - benefit analyses.

Posted November 26, 2013: The Office of Management and Budget (OMB) announced a call for review of the Technical Support Document currently justifying the Administration's value of the social cost of carbon (SCC) used in federal cost / benefit analyses.

The purpose of the «social cost of carbon» (SCC) estimates presented here is to allow agencies to incorporate the social benefits of reducing carbon dioxide (CO2) emissions into cost - benefit analyses of regulatory actions that impact cumulative global emissions.

This figure could be refined, but is probably a good starting point for a meaningful analysis of the «social cost / benefit of carbon».

@Judith The social cost of carbon, as used by the government in its cost - benefit analyses of new and revised regulations, is a carbon tax only if models used by the regulator accurately predict the induced change in behavior.

See: PATRICK J. MICHAELS, Statement, HEARING ON AN ANALYSIS OF THE OBAMA ADMINISTRATION»S SOCIAL COST OF CARBON, COMMITTEE ON NAURAL RESOURCES, US House, July 22,2015

This new report from the Board on Environmental Change and Society informs future revisions to the social cost of carbon dioxide (SC - CO2) estimates used in federal regulatory impact analyses.

UCS also filed comments of our own, as well as with coalition partners relating to the unlawful nature of the proposed repeal, the faulty assessments found in its supporting Regulatory Impact Analysis, a reiteration of climate science, and the flawed estimates of the social cost of carbon.