Biden Officials Launch Peer Review For Revisions To Carbon Cost Tool

The Biden administration is launching a peer review process for its highly anticipated “comprehensive” update to the social cost of carbon (SCC) metric, offering what appears to be a fresh signal of efforts to defend the climate damages tool even as Republican-led states pursue litigation against agencies’ use of current, “interim” values. The effort surfaces in a Federal Register notice -- being published Jan. 25 by EPA, on behalf of an interagency working group on the SCC -- which...