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Politics : Formerly About Advanced Micro Devices

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To: Land Shark who wrote (1344598)	2/24/2022 8:48:43 PM
From: Broken_Clock	2 Recommendations Read Replies (2) of 1577031

Lyin' Biden doing everything he can to throttle the poor in this country... msn.com The Biden administration has once again put a pause on new leases and permits for federal oil and gas drilling after a judge blocked the administration from using a metric that estimates the societal cost of carbon emissions. Earlier this month, US District Judge James Cain of the Western District of Louisiana issued an injunction preventing the Biden administration from using what's known as the "social cost of carbon" in decisions around oil and gas drilling on public land, or in rules governing fossil fuel emissions. The ruling has consequences for a range of Biden administration actions on climate change, but especially on the Interior Department's federal oil and gas leasing program. In an appeal filed by government attorneys on Saturday night, the Biden administration argued Cain's injunction necessitated a pause on all projects where the government was using a social-cost-of-carbon analysis in its decision-making. The appeal is the latest in a legal battle in the courts between several Republican-led states and the Biden administration over the social cost of carbon, a metric that uses economic models to put a value on each ton of carbon dioxide emitted. The idea is to quantify the economic harm caused by the climate crisis like sea level rise, more destructive hurricanes, extreme wildfire seasons and flooding.

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