Feb. 22, 2022

Social Cost of Carbon

Social Cost of Carbon

For those that have listened to our latest episode (episode 79), we presented one example of how the U.S. President can impact the price of gas.  The Social Cost of Carbon is one of the metrics administrations use when deciding to open up federal lands for leasing.  Since this plays a critical role in our domestic policy evaluation, surely this is an objective measure...right?  Check out the articles and determine for yourself.  First one is the administration's freeze on federal land leases.  The second article describes the Social Cost of Carbon.

https://www.huffpost.com/entry/biden-new-oil-gas-drilling_n_62131757e4b0f93b261a9bb0

https://news.stanford.edu/2021/06/07/professors-explain-social-cost-carbon/