Understanding the Social Cost of Carbon
Steven Rose was asked to speak to the Utilities Air
Regulatory Group on the use of the social cost of carbon
(SCC)
in federal regulations. The U.S. government recently
released SCC estimates for valuing the estimated changes
in greenhouse gas emissions associated with federal
rules and regulations. The SCC values are likely to
be applied broadly in the setting and evaluation of
federal regulations. With previous expertise on this
subject, Dr. Rose provided an overview and history of
SCC values and regulatory applications and summarized
SCC estimation methods and challenges. Dr. Rose’ presentation
was organized to facilitate understanding of and provide
context for the new federal estimates. For more information,
contact Steven Rose, (202) 293-6183, srose@epri.com.
|