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Valuing Non-CO2 GHG Emission Changes in Benefit-Cost Analysis
Citation:
Valuing Non-CO2 GHG Emission Changes in Benefit-Cost Analysis.
Impact/Purpose:
The goal of this project is to improve upon the current treatment of non-CO2 GHG emission impacts in benefit-cost analysis.
Description:
The climate impacts of greenhouse gas (GHG) emissions impose social costs on society. To date, EPA has not had an approach to estimate the economic benefits of reducing emissions of non-CO2 GHGs (or the costs of increasing them) that is consistent with the methodology underlying the U.S. Government’s current estimates of the social cost of carbon (SCC). A recently published paper presents estimates of the social cost of methane that are consistent with the SCC estimates. The Agency is seeking review of the potential application of these new benefit estimates to benefit cost analysis in relation to current practice in this area.
URLs/Downloads:
Peer Review Plan (PDF, NA pp, 33 KB, about PDF)Peer review comments (PDF, NA pp, 688 KB, about PDF)
Response to comments (PDF, NA pp, 688 KB, about PDF)
Whitepaper on Valuing Methane Emissions Changes in Regulatory Benefit-Cost Analysis, Peer Review Charge Questions, and Responses (PDF, NA pp, 688 KB, about PDF)
Whitepaper on Valuing Methane Emissions Changes in Regulatory Benefit-Cost Analysis, Peer Review Charge Questions, and Responses (PDF, NA pp, 688 KB, about PDF)