Environmentalists celebrated after a federal appeals court blocked a Trump-appointed judge’s order barring the Biden administration from considering the future costs of climate damage in its rulemaking and public projects.
estimated that the actual social cost of carbon dioxide — from negative health impacts to destroyed homes — is at least 15 times the number adopted by the Biden administration.
Kassie Siegel, director of the Center for Biological Diversity’s Climate Law Institute, said in a statement that “this common-sense decision simply allows the government to continue its usual consideration of the costs of climate damage.” “But we need a lot more than that from the Biden administration,” Siegel added. “When it comes to the climate, Biden can’t continue business as usual. He has to meet this international crisis with bold executive action that speeds the transition to renewable energy and away from dangerous fossil fuels.”
Breaking Climate Law News: 5th Circuit stays injunction issued by Trump judge in lower court against gov't use of"social cost of carbon." This means gov't can resume use of this metric, which estimates the cost of the damage caused by each ton of carbon dioxide emitted.
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