EPA has proposed a new estimate for the social cost of carbon emissions, nearly quadrupling the $51 a ton to $191 a ton. It has already drawn legal challenges from a host of Republican-led states.
It will correspond to a $ 2-a-gallon gas tax.
They just fudge the numbers to justify it.
The metric puts a price tag on the alleged damages created by each metric ton of greenhouse gas emissions.
Agencies can then use it as part of their analyses of the costs and benefits of more stringent climate regulation on sources ranging from power plants and automobiles to the oil and gas sector.
The Biden administration has used the Interagency Working Group’s interim value of $51 per metric ton of CO2. But earlier this month, EPA quietly proposed increasing that number to $190.
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The taxes will go to Third World countries run by thugs as we take in all the people from these countries. That’s quite the recipe.
www.independentsentinel.com/epa-wants-to-quadruple-tax-on-carbon-emissions/
h/t Coastie Patriot