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The social cost of carbon could soon be used in a broad set of federal actions.

The Environmental Protection Agency (EPA) this weekend took action that is expected to justify stricter climate regulations. Releasing an updated rule aimed at cutting methane emissions from oil and gas, the agency also unveiled an updated estimate of the “social cost” of carbon dioxide. This is an economic estimate that is used by the government to calculate the…

The AAAS EPI Center is hosting a virtual half-day symposium to explore the landscape of carbon credit markets with respect to reductions in greenhouse gas emissions in the oil and gas sector. Presentations and discussions will include the relevant science, methodologies, and procedures related to quantifying, monitoring, and verifying reductions in greenhouse gas emissions from the oil and gas sector. Additional content will focus on the opportunities and risks related to carbon credits for properly decommissioning oil and gas wells.

This is a re-post from Yale Climate Connections

New study adds to growing body of evidence that the economic benefits of climate action outweigh the costs.