White House Publishes Social Cost Of Carbon Rationale

Law360, New York (November 25, 2013, 1:57 PM EST) -- The White House on Monday released the scientific rationale behind its controversial new social cost of carbon calculation and called for public input on the new metric, which has been used since May to determine benefits of greenhouse gas emissions reductions.

The 22-page technical support document published on the White House website explains the updated models that the administration used to raise the figure from $21 per metric ton to $33 per metric ton, including new sea level rise damage estimates, adaptation assumptions and an updated...
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