• Sunday, Feb 05, 2023
  • Last Update : 09:54 am

Trump to roll back use of climate change in policy reviews

  • Published at 06:02 am March 15th, 2017
Trump to roll back use of climate change in policy reviews
US President Donald Trump's administration is preparing to release a wide-ranging executive order to reduce the role that climate change plays in policy decisions, according to a Trump administration official who reviewed a draft of the order. The move could alter how US agencies weigh regulations on a broad array of industries, from drilling, coal mining and auto manufacturing to refining. The official on Tuesday confirmed a Bloomberg News report that the executive order will instruct the Environmental Protection Agency and other agencies to overhaul their use of the "social cost of carbon", an Obama-era policy that seeks to quantify potential economic damage from climate change for the purposes of drafting regulation. White House spokeswoman Kelly Love declined to discuss the timing of an executive order on energy. "We have nothing to announce at this time," she said. Under rules put in by place by former President Barack Obama, the current cost of carbon in policy decisions is $36 per tonne, which will rise to $50 by 2030. The Trump order would direct regulators to use a "discount rate" that would dramatically reduce, or eliminate, that cost. Discount rates are used to come up with a net present value of something whose benefits and costs will be distributed over time. In the case of carbon, the impact of emissions on the earth's climate can take several years to appear. Under some scenarios referenced in the executive order, carbon could have a zero or "negative value", the source said. The source said that the order may be an initial step to ultimately phasing out the carbon evaluation entirely. The executive order could be issued as soon as this week, the source said, and may include other energy-specific measures, like a requirement for the EPA to conduct a review of regulations that could harm energy production. Reuters and others have reported previously that Trump planned to target Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions. The Department of Interior under Obama had issued a moratorium on coal leasing on federal land in 2015 as it sought to review the program and evaluate whether the government adequately priced the value of coal extracted from public lands on behalf of taxpayers. The Clean Power Plan was Obama's centrepiece initiative to combat climate change, requiring states to slash emissions of carbon dioxide. But it was never implemented due to legal challenges launched by several Republican states. The new head of the Environmental Protection Agency, Scott Pruitt, said last week he is not convinced that carbon dioxide from human activity is the main driver of climate change and said he wants Congress to weigh in on whether CO2 is a harmful pollutant that should be regulated. The Obama administration's carbon cost estimates were first issued in 2010 and have been used to analyse rules directly targeting carbon dioxide emissions, like car and truck emissions standards. They have also been used to cover rules on indirect emissions, like one to control mercury and other air pollutants from power plants.
50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail