Justices won't block Biden policy on 'social cost of carbon'
Source: Associated Press
Justices won’t block Biden policy on ‘social cost of carbon’
May 26, 2022
WASHINGTON (AP) — The Supreme Court on Thursday allowed the Biden administration to use a higher estimate, challenged by Republican-led states, for calculating damages to people and the environment from greenhouse gas emissions.
The justices did not comment in refusing to put back in place an order from a federal judge in Louisiana that had blocked the administration from putting greater emphasis on potential damage from greenhouse gas emissions when creating rules for polluting industries.
The approach uses the “social cost of carbon” to calculate future climate damages to justify tougher restrictions for fossil fuels, transportation and other industries.
The federal appeals court in New Orleans put the order on hold and Louisiana led nine states in asking the high court to in to intervene.
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Read more: https://apnews.com/article/climate-us-supreme-court-government-and-politics-environment-efa3b0047998c18b21f7a61e32ab0e47
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