After Pope’s Speech, House Turns to Bill That Bars Tallying “Social Cost” of Carbon via The National Journal

Con­gress will wel­come Pope Fran­cis with open arms Thursday, but the hours after his speech will likely bring fresh evid­ence that his calls for cli­mate-change ac­tion are un­likely to al­ter House GOP policy goals.
Later Thursday, the House is slated to be­gin de­bat­ing GOP le­gis­la­tion to stream­line en­vir­on­ment­al ana­lyses and per­mit de­cisions for pro­jects “un­der­taken, re­viewed, or fun­ded by Fed­er­al agen­cies.”
Tucked in­to the bill, called the Rap­id Act, is a cli­mate-re­lated pro­vi­sion: It bars con­sid­er­a­tion of the “so­cial cost of car­bon” in en­vir­on­ment­al re­views and per­mit de­cisions un­der the Na­tion­al En­vir­on­ment­al Policy Act and oth­er laws.
The “so­cial cost of car­bon” is a met­ric that reg­u­lat­ors use to as­sess the mon­et­ary im­pact of in­creases in car­bon emis­sions, such as dam­ages from great­er flood risks and changes in ag­ri­cul­tur­al pro­ductiv­ity.
Re­pub­lic­ans and in­dustry groups such as the U.S. Cham­ber of Com­merce and the Amer­ic­an Pet­ro­leum In­sti­tute have for years been at­tack­ing the Obama ad­min­is­tra­tion’s use of the met­ric, ar­guing the es­tim­ate was craf­ted through an opaque pro­cess.

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