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Kevin Book Profile picture
Kevin Book
@kevinbookdc
I analyze energy trends. I contemplate information flows. My tweets endorse nothing.
Jan 23, 2021 • 20 tweets • 12 min read
#Wonk warning: a #thread on social cost of #carbon (SCC). We at @CVEPLLC expected @JoeBiden not just to reinstate higher SCC in his #dayone #climate order but also to look at incorporating #environmental #justice into it.

He did, and it matters. #OOTT /1 Background: when #federal #agencies write rules, they try to maximize net benefits or minimize net costs.

The goal is that adding up all benefits for (and costs to) society + all costs to (and benefits for) regulated parties should be > 0. /2