Cha-ching! EPA quietly quadruples regulatory cost of carbon emissions in new war on fossil fuel...

Cha-ching! EPA quietly quadruples regulatory cost of carbon emissions in new war on fossil fuels
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With the price of everything from gasoline to food soaring in America, nobody is surprised by inflated price tags these days. But even by Washington standards, an action taken earlier this month by the Environmental Protection Agency is creating sticker shock: a nearly fourfold increase in the government calculation of damages from carbon emissions.
The so-called Social Cost of Carbon was first set in 2009 under then-President Barack Obama. Under Democrats it has been set for most of the last decade at $51 per metric ton. But in a rulemaking notice in mid-November, EPA said it had devised a new...
Source: https://justthenews.com/politics-policy/environment/cha-ching-epa-quietly-quadruples-regulatory-cost-carbon-emissions-new?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators