Reclaiming a Federal Lead on the Social Cost of Carbon
Public Policy attorney Saqib Hossain and Senior Policy Advisor Beth Viola co-authored an article in Pratt's Energy Law Report discussing the regulatory history of the social cost of carbon. They also outline President Joe Biden’s action in this realm since taking office. Among his first acts was an executive order titled "Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis," which included a directive to publish interim social costs for carbon, nitrous oxide and methane within 30 days and final costs by January 2022. The authors provide important background information leading up to the executive order as well as an overview of the order's contents and implications.