White House to Take Another Look at ‘Social Cost of Carbon’

President Obama will revisit estimates for the polarizing "social cost of carbon" metric.
National Journal
Add to Briefcase
Alex Brown
Nov. 4, 2013, 10:13 a.m.

The White House will seek more pub­lic in­put on the con­tro­ver­sial “so­cial cost of car­bon” met­ric that pegs the be­ne­fits of emis­sions-cut­ting rules, The Hill re­ports.

An up­ward re­vi­sion of the so­cial-cost met­ric in May drew fire from some who said the ad­min­is­tra­tion did not al­low for ad­equate pub­lic com­ment. White House of­fi­cial Howard Shelanski said “in re­sponse to pub­lic and stake­hold­er in­terest” that the es­tim­ate would be tweaked ater a pub­lic-com­ment peri­od.

“These up­dated val­ues re­flect minor tech­nic­al cor­rec­tions to the es­tim­ates we re­leased in May of this year,” he said, such as a $1 de­crease per met­ric ton of car­bon di­ox­ide. Busi­ness and en­ergy groups have sought to block or lim­it the stand­ard, and GOP law­makers have tried to stop its use. But it seems un­likely the White House’s re­vis­it will res­ult in a ma­jor over­haul.

“The May 2013 es­tim­ates re­flect val­ues that are sim­il­ar to those used by oth­er gov­ern­ments, in­ter­na­tion­al in­sti­tu­tions, and ma­jor cor­por­a­tions,” Shelanski said in de­fend­ing the es­tim­ates.

×