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Prohibiting consideration of greenhouse gas emission costs in government decisions

This act aims to prohibit government agencies, such as the Department of Energy and the Environmental Protection Agency, from considering the "social cost of greenhouse gases" (including carbon dioxide and methane) when making decisions, issuing regulations, or analyzing costs and benefits. This means that the monetary impact on the environment may be less considered in future regulations, potentially affecting the nation's energy and environmental policies.
Key points
Government agencies will be prohibited from using "social cost of greenhouse gas" estimates to justify their actions, including regulations on fossil fuels.
The act challenges current methods of calculating these costs, citing a lack of transparency and adequate public consultation.
Enactment of this law could impact future energy and environmental regulations, potentially lowering costs for some industries but also altering the approach to climate protection.
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Additional Information
Print number: 117_S_4596
Sponsor: Sen. Lankford, James [R-OK]
Process start date: 2022-07-21