Appeals Court Revives Biden Climate Damage Cost Estimate

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Appeals Court Revives Biden Climate Damage Cost Estimate
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The social cost of carbon attempts to put a dollar value on damage caused by every additional ton of greenhouse gases emitted into the atmosphere.

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The panel that ruled Wednesday included judges Leslie Southwick, appointed by President George W. Bush, and James Graves and Gregg Costa, both appointed by President Barack Obama. Economist Steve Rose said the circuit court ruling does not resolve questions about the reliability of the complex models used to determine damages.

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