EPA has quietly proposed $190/ton estimate for the social cost of carbon — would correspond to about $6/gallon gas tax.

The federal agency quietly proposed a new price tag for the damages caused by greenhouse gas emissions, as the Biden administration faces ongoing Republican

With midterm elections over, the EPA has quietly proposed $190/ton estimate for the social cost of carbon — nearly quadruple the current $51/ton.

This would correspond to about $6/gallon gas tax. https://t.co/57A7BKZvuT

— Ryan Maue (@RyanMaue) November 21, 2022