EPA SCC Updates Poised To Bolster Case For Looming GHG Regulations

EPA in tandem with its final oil and gas methane rules is finalizing updated estimates of the climate change damages from an incremental ton of greenhouse gas emissions, formally embracing higher social cost of carbon (SCC) values with broad implications for future climate rules beyond the agency’s methane standards. The agency’s use of the updated values to analyze the climate benefits of its methane rule also opens the door for Republican state officials or others to challenge the values in...