OMB Reviews Plan Giving Preference To Contractors With Lower GHGs

The White House has begun reviewing a preliminary rule that would give preference to federal contractors with a lower “social cost” of carbon emissions, a move that could have implications across the economy as suppliers adjust to meeting the Biden administration’s climate goals. The advance notice of proposed rulemaking was submitted Sept. 14 to the Office of Management and Budget’s Office of Information and Regulatory Affairs (OIRA) for final interagency review before being published in the Federal Register for...