Obama Veteran Floats Two-Stage Plan For Biden To Boost SCC Metric

January 14, 2021
One of the primary architects of the Obama administration’s social cost of carbon (SCC) climate damage metric is floating a two-part strategy for the incoming Biden administration to re-strengthen the tool which would help justify tough greenhouse gas regulations and potentially a suite of other climate policies. Michael Greenstone, a University of Chicago economist who helped write the Obama administration’s SCC as chief economist at the White House Council of Economic Advisers, issued a Jan. 14 working paper together with...


Not a subscriber? Sign up for 30 days free access to exclusive environmental policy reporting.