End the use of the social cost of carbon
What the document says“The President should eliminate the Interagency Working Group on the Social Cost of Carbon (SCC), which is cochaired by the OSTP, OMB, and CEA, and by executive order should end the use of SCC analysis.”
The social cost of carbon is a dollar figure agencies use to weigh the future damage from emissions when assessing a rule. The chapter says the President should abolish the working group that sets it and end the use of the analysis by executive order.
What the document actually says“The President should eliminate the Interagency Working Group on the Social Cost of Carbon (SCC), which is cochaired by the OSTP, OMB, and CEA, and by executive order should end the use of SCC analysis.”
The president should shut down the group that sets the cost of carbon. He should sign an order to stop using the figure at all.
Agencies use a dollar figure for the harm from carbon. They weigh it when they write rules. A small group of offices sets that figure. The book says to close the group and drop the figure.
Unleashing American Energy
2025-01-20 · 90 FR 8353
The chapter asked that the working group be eliminated and the use of the analysis ended by executive order. The Federal Register text disbands that working group by name and withdraws its documents. The chapter's request covered ending use of the analysis generally, which extends beyond disbanding the group that produced it.
The book asked that a work group on the cost of carbon be shut down and its measure dropped. The order shuts that group down by name and pulls its papers. But the book asked that use of the measure end in general, which is more than shutting the group.