Tag: SCC

This week, the House Science Committee Subcommittee on the Environment held a hearing exploring the social cost of carbon (SCC) and its use in policy-making. The Subcommittee sought to discover what, precisely, carbon dioxide emissions cost the economy. Unsurprisingly, the panel reached a verdict that there was no consensus. The SCC is an arbitrary metric […]

Rep. Jenkins, along with Reps. Culberson, Womack, LaHood, and Mullin, recently introduced H.R. 5668, the Transparency and Honesty in Energy Regulation Act of 2016 (THERA). This bill would stop the use of the Social Cost of Carbon (SCC) and the Social Cost of Methane (SCM) in regulatory rulemaking. As explained many times before, the SCC […]

WASHINGTON – Today the American Energy Alliance and a coalition of free-market groups sent a letter to Rep. Evan Jenkins in support of his bill, the Transparency and Honesty in Energy Regulations Act of 2016. This legislation halts the use of the administration’s fatally flawed and arbitrary “social cost of carbon” (SCC) and the “social cost of […]