The Social Cost of Carbon – real-world impacts
A few months back, I received a copy of Dr. Roger Bezdek‘s presentation titled, “The Social Cost of Carbon: The Actual, Real-World Impact of Obama’s Stealth Energy Tax.” The numbers and facts that Dr. Bezdek presents, are an eye-opener and well worth reviewing.
- The SCC is an “artificial construct” designed to penalize fossil fuels
- Allows the “Administration to achieve via regulation what it cannot via Congress” – (remember the President’s “there are other ways to skin a cat” comment when Congress declined to pass the ‘cap and trade’ bill.)
- SCC lacks any consideration of or for the benefits of CO2
- SCC lack transparency
- SCC is set up to allow the modeler to “obtain any desired result”
- As SCC is arbitrarily and continually ratcheted up, any new regulation can be said to be “cost effective” no matter the actual costs
- Will impose corresponding increases on cost of all goods and services
Readers can click here to download Dr. Bezdek’s full slide deck.
26. June 2015 by Jason Hayes
Categories: agenda, carbon, CO2, Energy, Environment, EPA, Jobs, Marketplace Information, Policy, Power Generation, Reports | Tags: Bezdek, CO2, MISI, SCC, social cost of carbon | Comments Off on The Social Cost of Carbon – real-world impacts