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Keyword: kevinmcgill

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  • Challenge to Biden ‘Cost of Carbon’ policy dismissed

    04/06/2023 6:21:52 AM PDT · by Oldeconomybuyer · 11 replies
    The Associated Press ^ | April 6, 2023 | By KEVIN McGILL and MATTHEW BROWN
    NEW ORLEANS (AP) — A lawsuit that Louisiana and other Republican-leaning states filed challenging figures the Biden administration uses to calculate damages from greenhouse gasses was dismissed Wednesday by a federal appeals court. The unanimous decision by three judges on the 5th U.S. Circuit Court of Appeals in New Orleans was the latest defeat for states challenging the Biden “cost of carbon” policy. It leaves the administration to continue using a damage cost estimate of about $51 per ton of carbon dioxide emissions as it develops environmental regulations. That estimate is under review by the administration and could increase. The...
  • US judge strikes down Biden climate damage cost estimate

    02/11/2022 1:08:34 PM PST · by Oldeconomybuyer · 5 replies
    The Associated Press ^ | February 11, 2022 | By MATTHEW BROWN, MATTHEW DALY and KEVIN McGILL
    WASHINGTON (AP) — A federal judge on Friday blocked the Biden administration’s attempt to put greater emphasis on the potential damage from greenhouse gas emissions when creating rules for polluting industries. U.S. District Judge James Cain of the Western District of Louisiana sided with Republican attorneys general who said the administration’s raising the cost estimate of carbon dioxide emissions threatened to drive up energy costs while decreasing state revenues from energy production. The judge issued an injunction that bars the administration from using the higher cost estimate, which puts a dollar value on damages caused by every additional ton of...