Home Industry Little-Noticed Biden Directive Aims to Use Sharply Higher Social Cost of Greenhouse Gas Emissions in Agency Purchasing Decisions

Little-Noticed Biden Directive Aims to Use Sharply Higher Social Cost of Greenhouse Gas Emissions in Agency Purchasing Decisions

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Little-Noticed Biden Directive Aims to Use Sharply Higher Social Cost of Greenhouse Gas Emissions in Agency Purchasing Decisions

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Little-Noticed Biden Directive Aims to Use Sharply Higher Social Cost of Greenhouse Gas Emissions in Agency Purchasing Decisions


October 9, 2023–Written by John Egan for Industrial Info Resources (Sugar Land, Texas)–When the U.S. House of Representatives reconvenes and selects a new leader, members of Congress will begin to engage with the Biden administration on a complex and controversial topic: estimating, and applying, a sharply higher Social Cost of Greenhouse Gas emissions (SC-GHG) to federal agency purchasing decisions.

Opponents charge this would be the first step to applying sharply higher SC-GHG fees to industrial projects requiring a federal permit, potentially alerting the cost-benefit calculation, and economic viability, of some projects.



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