The social cost of carbon regulations hurt the poor, and ignore benefits

Watts Up With That?

Anti-fossil fuel SCC relies on garbage models, ignores carbon benefits and hurts the poor


Foreword:

The Social Cost of Carbon is a key foundation for numerous Obama-era energy policies, regulations and programs. Climate alarm activists insist the SCC is rooted in solid science and economics, but it is actually little more than Garbage In-Garbage Out forecasting – and worse.

The SCC assumes fossil-fuel-driven carbon dioxide emissions are causing dangerous manmade climate change, and blames U.S. emissions for every conceivable climate-related cost worldwide. But it fails even to mention, much less analyze, the tremendous and obvious benefits of using oil, gas and coal to power modern civilization – or the undeniable benefits of more CO2 in Earth’s atmosphere helping crops and habitats grow faster and better. Finally, the SCC totally ignores the social, economic, employment and environmental costs of theregulations imposed in the name of saving the planet by…

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