US Judge Strikes Down Biden Climate Damage Cost Estimate

A federal judge on Friday blocked the Biden administration’s attempt to put greater emphasis on the potential damage from greenhouse gas emissions when creating rules for polluting industries.

U.S. District Judge James Cain of the Western District of Louisiana sided with Republican attorneys general who said the administration’s raising the cost estimate of carbon dioxide emissions threatened to drive up energy costs while decreasing state revenues from energy production. The judge issued an injunction that bars the administration from using the higher cost estimate, which puts a dollar value on damages caused by every additional ton of greenhouse gases emitted into the atmosphere.

President Joe Biden on his first day in office restored the climate cost estimate to about $51 per ton of carbon dioxide emissions after the Trump administration had reduced the figure to about $7 per ton. Trump’s estimate included only damages felt in the U.S. versus the global damages captured under the higher estimate.

The Biden administration’s revival of a higher figure initially set under the Obama administration would be used to make future rules for oil and gas drilling, automobiles, and other industries. Using a higher cost estimate would help justify reductions in planet-warming emissions by making the benefits more likely to outweigh the expenses of complying with new rules.

Known as the social cost of carbon, the rule uses economic models to capture damages caused by rising sea levels, recurring droughts and other consequences of climate change. The $51 estimate was first established in 2016 and was used to justify major rules such as the Clean Power Plan to tighten emissions standards from coal-fired power plants and separate rules imposing tougher vehicle emission standards.

The carbon cost estimate had not yet been used very much under Biden, but is being considered in a pending environmental review of oil and gas lease sales in western states.

Federal officials began developing climate damage cost estimates more than a decade ago after environmentalists successfully sued the government for not taking greenhouse gas emissions into account when setting vehicle mileage standards, said Max Sarinsky, a professor at the New York University School of Law.

Not fully accounting for carbon damages would skew any cost-benefit analysis of a proposed rule in favor of industry, he said, adding that the social cost of carbon had been “instrumental” in allowing agencies to accurately judge how their rules affect the climate.

“Without a proper valuation of climate impact, it would complicate agencies’ good faith efforts to make reasoned conclusions,” he said.

Republican attorneys general led by Louisiana’s Jeff Landry said the Biden administration’s revival of the higher estimate was illegal and exceeded its authority by basing the figure on global considerations. The other states whose officials sued are Alabama, Florida, Georgia, Kentucky, Mississippi, South Dakota, Texas, West Virginia, and Wyoming.

Landry’s office issued a statement calling Cain’s ruling “a major win for nearly every aspect of Louisiana’s economy and culture.”

“Biden’s executive order was an attempt by the government to take over and tax the people based on winners and losers chosen by the government,” the statement said.

The Justice Department declined to comment.

A federal judge in Missouri last year had sided with the administration in a similar challenge from another group of Republican states. In that case, the judge said the Republicans lacked standing to bring their lawsuit because they had yet to suffer any harm under Biden’s order.

(Source)

Have you received Salvation from Jesus the Messiah? Time is running out. Jesus will return very soon. The signs of His return are everywhere in this crazy world we are living in. Please read below so that you can be saved. Jesus is the only way to Heaven. The Words below are directly from the Bible, so you can trust them.

For I delivered to you first of all that which I also received: that Christ died for our sins according to the Scriptures, and that He was buried, and that He rose again the third day according to the Scriptures. (1 Corinthians 15:3-4)

Jesus said to him, “I am the way, the truth, and the life. No one comes to the Father except through Me. (John 14:6)

For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. For God did not send His Son into the world to condemn the world, but that the world through Him might be saved. (John 3:16-17)

If you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be saved. For with the heart one believes unto righteousness, and with the mouth confession is made unto salvation. For the Scripture says, “Whoever believes on Him will not be put to shame.” For there is no distinction between Jew and Greek, for the same Lord over all )is rich to all who call upon Him. For “whoever calls on the name of the Lord shall be saved.” (Romans 10:9-13)

“As the Father loved Me, I also have loved you; abide in My love. IF YOU KEEP MY COMMANDMENTS, you will abide in My love, just as I have kept My Father’s commandments and abide in His love. (John 15:9)

For I am persuaded that neither death nor life, nor angels nor principalities nor powers, nor things present nor things to come, nor height nor depth, nor any other created thing, shall be able to separate us from the love of God which is in Christ Jesus our Lord. (Romans 8:38-39)

For those of us who persevere and do what Jesus says to do, we have this to look forward to in eternity: And God will wipe away every tear from their eyes; there shall be no more death, nor sorrow, nor crying. There shall be no more pain, for the former things have passed away.”

The Bible – New King James Version, NKJV

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