Predicting future mobility, and remembering a past energy disaster
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The Biden administration increases the social cost of carbon
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Climate-friendly, but antisocial
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The Biden Administration Increases The Social Cost Of Carbon
To turn the tide against climate change, on the day of his inauguration President Joe Biden signed an executive order instituting a raft of policy changes and initiatives. One directed his team to reassess the social cost of carbon. This seemingly obscure concept puts a number on how much damage a metric ton of carbon dioxide emitted today will do in the future, in order to show how much a given climate policy would benefit the economy in the long run.
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