“Federal Regulators Open for Comment on Social Cost of Carbon Estimates”

The “social cost” of carbon is an attempt to quantify the cost of changes in farm production, human health, property damage from floods and other hazards related to climate change, The Oklahoman reports.


In an August forum on federal environmental regulations in Oklahoma City, U.S. Rep. James Lankford, R-Oklahoma City, blasted the updated federal estimates for the social cost of carbon.

“The social cost of carbon may seem like a nebulous little piece, but it’s incredibly significant to us,” Lankford said at the forum. “It is the amount that the administration says if a new ‘something’ is done, you have to figure out how much carbon that will put into the environment and then determine what the total cost to the nation will be for that additional carbon.”

Read more at: newsok.com


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