In February, 10 energy-producing states, alongside a host of industry trade groups sued the Biden administration over its adjustments to the “social cost of carbon” in environmental analyses, particularly those relating to oil production.
The Biden administration dramatically increased the estimated “social cost of carbon” to $51 per ton of carbon dioxide released into the air from between $1 and $7 estimated by the previous Trump administration.
The new estimates, if factored into the cost, would have forced companies and states to pay “hundreds of billions or trillions of dollars,” per Bloomberg. The groups suggested that it “may be the most significant regulatory encroachment upon individual liberty and state sovereignty in American history.”
I’m not sure I agree with the analysis of the writer when they wrote this title —>
Biden administration likely to restart oil and gas leases after federal court ruling
What a bunch of hooey! How about the social cost of no carbon?
I just Blew a Loud Carbon Footprint after my steak.
Where to I mail my Nickle?
uh-oh
CO₂ST
frickin’ wefuckers.
Betcha they all grew up absorbed in playing sim city
they’re trying to do that with us now
Carbon is a trace element in the atmosphere. Government owes industry a refund.
if they’re taxing carbon, as CO₂, then they owe everyone that wore a mask a rebate.
reparations an shit
Easy to figure out, who in the old swamp makes money.
Sending observers to watch potential adversaries in combat is as an old tradition and makes more sense than “preparing the battlefield”. It gives us first hand analysis of how our weapons are working.
Opps! Posted on wrong story. Was talking “boots on the ground”.
The appellate court overruled the district Court and is allowing the Pedo to use the 50 per ton price point.
So the Pedo is now free to open the land for drilling leases that no oil company can afford to purchase. All so the Pedo can say, “see its them not me, we opened the land for drilling”…
Get a clue people, the concept is to destroy us.