EPA Announces Action to Address Costly Obama, Biden “Climate” Measurements (Social Cost of Carbon)
WASHINGTON – U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced today that the agency is revisiting the Biden-Harris Administration’s “social cost of carbon,” which contributes to significant regulatory costs.
“The Biden-Harris Administration’s so-called ‘social cost of carbon’ measurement was used to advance their climate agenda in a way that imposed major costs. To Power the Great American Comeback, we are fully committed to removing regulations holding back the U.S.,” said EPA Administrator Zeldin.
The “Unleashing American Energy” Executive Order directs EPA to “issue guidance to address these harmful and detrimental inadequacies, including consideration of eliminating the ‘social cost of carbon’ calculation from any Federal permitting or regulatory decision” within 60 days. The Executive Order states, “[t]he calculation of the ‘social cost of carbon’ is marked by logical deficiencies, a poor basis in empirical science, politicization, and the absence of a foundation in legislation. Its abuse arbitrarily slows regulatory decisions and, by rendering the United States economy internationally uncompetitive, encourages a greater human impact on the environment by affording less efficient foreign energy producers a greater share of the global energy and natural resource market.”
This was announced in conjunction with a number of historic actions to advance President Trump’s Day One executive orders and Power the Great American Comeback. Combined, these announcements represent the greatest and most consequential day of deregulation in the history of the United States. While accomplishing EPA’s core mission of protecting the environment, the agency is committed to fulfilling President Trump’s promise to unleash American energy, lower costs for Americans, revitalize the American auto industry, restore the rule of law, and give power back to states to make their own decisions.
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