The intragency panel price per ton of carbon incorporated into the Environmental Protection Agency’s microwave rule seems to set the standard, or at least the starting point, for the federal government’s estimate of the social cost of carbon. Benjamin Zycher, visiting scholar at the conservative American Enterprise Institute, has argued that that cost “fails”. Zycher hosted… Keep reading →
Carbon dioxide emissions costs have been possibly the great ‘unpriced externality’ for the energy business for more than a decade. Companies have resisted complex and cumbersome government plans only to end up with regional patchworks and failed private pricing mechanisms for the greenhouse gas that scientists have held most directly responsible for the lion’s share of human-contributed… Keep reading →
