CEI Asks Congress To Block EPA From Using SCC To Boost Climate Plans

The free-market Competitive Enterprise Institute (CEI) think tank is asking Congress to block the Biden administration from using the social cost of carbon (SCC) metric to bolster its climate change regulatory agenda at EPA and other agencies, one of several recommendations the group is floating on energy and environmental policies. CEI says that the SCC estimates of future damages from climate change, for which the Biden administration just issued an interim value at $51 per ton , are “too subjective...