In the NewsE&E NewsFebruary 11, 2022
Here comes the social cost of carbon. Will it address EJ?
Michael Greenstone, who co-chaired Obama’s interagency working group on the social cost of carbon between 2010 and 2016, co-authored a paper last year that floated giving more weight to damages occurring in poor regions of the U.S. and, by extension, poorer countries. But he raised questions about whether current OMB guidelines would allow for that kind of weighting in cost-benefit analyses.