The newly re-established White House Interagency Working Group (IWG) on social cost of greenhouse gases (SC-GHG) recently released interim estimates for the social cost of carbon (S-CO2), social cost of nitrous oxide (S-N20), and social cost of methane (S-CH4), collectively referred to as the SC-GHG, in accordance with President Biden’s directives set forth in one of his initial executive orders issued at the start of the new presidential term.
The SC-GHG is used by federal agencies in the regulatory cost-benefit analysis to justify certain executive …
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