Feds urged to be transparent on carbon price tag calculations

09/11/2013 | FuelFix.com

The Obama administration should withdraw its new estimate for the "social cost of carbon," which plays a crucial role in proposed emissions-reduction regulations for power plants, the American Petroleum Institute and other trade groups said. Prices were adjusted to $38 per ton in 2015 compared with $23.80 per ton in 2010, but the computations were done privately, the group said. "We ought to have a lot of transparency in the process because it will potentially impact every rule making that comes down the road that deals with energy," said Jack Gerard, API's president and CEO.

View Full Article in:


Published in Brief: