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Kevin Dayaratna: States Using the Social Cost of Carbon

September 7, 2017

After President Trump made his announcement that he was withdrawing the United States from the Paris Climate Accord, many states and cities throughout the country sought to demonstrate that they are still in the agreement.

In this edition of The Heartland Daily Podcast Dr. Kevin Dayaratna of the Heritage Foundation joins research fellow Isaac Orr to discuss how states such as Colorado, Illinois, Minnesota, and New York have used the former administration's estimates for the Social Cost of Carbon to subsidize nuclear power plants and continue to push coal fired power plants out of their electricity generation mix.

However, Dayaratna discusses how the Social Cost of Carbon regulations are based on models used by the previous administration are easily manipulated to give a wide range of possible values, and therefore these models should not be used for making real-world decisions.

Read more about Dr. Dayaratna at http://www.heritage.org/staff/kevin-d-dayaratna-phd
Article Tags
Environment
Sub-topic
Energy: Coal
Author
Isaac Orr is a research fellow for energy and environment policy at The Heartland Institute. Orr is a speaker, researcher, and writer specializing in hydraulic fracturing, frac sand mining, agricultural, and environmental policy issues.
iorr@heartland.org
Author
Kevin D. Dayaratna is Senior Statistician and Research Programmer in The Heritage Foundation’s Center for Data Analysis (CDA) and a Policy Advisor with the Heartland Institute.