November 2021, Vol. 248, No. 11
Government
Will Democratic-Run FERC Bless Use of ‘Social Cost of Carbon Tool’?
By Stephen Barlas, Contributing Editor, Washington D.C. In a decision at the end of September, the Federal Energy Regulatory Commission (FERC) staff handed the pipeline industry what could be a short-lived victory by approving three compressor stations – one new – in New Jersey and Pennsylvania. Opponents had demanded FERC use a “social cost of carbon (SCC)” tool to total up the projects’ greenhouse gas emissions (GHG), which environmentalists said were significant and argued for more stringent restrictions or rejection. But the commission staff refused to do that. FERC staff’s refusal came after the U.S. Court of Appeals for the District of Columbia issued a
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