Biden’s Bogus Climate Report
Posted on 4 Days Agoby Ron Clutz
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The latest criticism comes from James Broughel writing at Real Clear Politics Biden’s Climate Report Is Based on Personal Values, Not Science. Excerpts in italics with my bolds.
Late last month, the Biden administration quietly released an update of the government’s “social cost of carbon†(SCC) estimate, a metric used to value the benefits of global warming policies, especially regulations. The update hasn’t received much attention yet, but it will be important in justifying the administration’s climate agenda in the months ahead.
There are numerous shortcomings with the Biden team’s calculations. Some may be due to the report being rushed, but others reflect misunderstanding of economic principles, and, more simply, poor judgment.
https://rclutz.com/2021/03/13/bidens-bogus-climate-report/
