Biden Administration Unleashes Powerful Regulatory Tool Aimed at Climate
www.nytimes.com
Its new estimate of the economic impact of climate change could create the legal justification for aggressive new regulations.

The higher the number, the greater the government’s justification for compelling polluters to reduce the emissions that are dangerously heating the planet. During the Obama administration, White House economists calculated the social cost of carbon at $42 a ton. The Trump administration lowered it to less than $5 a ton. Under President Biden, the cost was returned to Obama levels, adjusted for inflation and set at $51.

The new estimate of the social cost of carbon, making its debut in a legally binding federal regulation, is almost four times that amount: $190 a ton.

      • Followupquestion
        11·
        11 months ago

        It’s indicative of the quality, or lack thereof, or a Bolt. Imagine having a vehicle literally declared non-operational for that nonsense and how long some customers had to wait for a fix. That’s time they don’t get to use the car they paid for, and I doubt their bosses are going to blame GM when they can’t get to work on time. Yeah, I stress about a recall like that, a car you can’t use is worthless.

          • Followupquestion
            11·
            11 months ago

            My relative with the Bolt was literally warned to not drive it until they could get parts to deal with the seat belt fire (yes, that’s one of the two fire related recalls), which took almost a month. You tell me how that’s not a problem for, say, working people.

            • Funderpants @lemmy.ca
              3·
              11 months ago

              GM did not ask drivers to stop operating the vehicle. It was not part of the recall instructions. Another imaginary concern.

              • Followupquestion
                11·
                11 months ago

                I can only relay what I was told by the owner. They were fortunate enough to have another vehicle, so they made it work for the time it was grounded, but go off, you clearly know what every owner of the hundreds of thousands of Bolts out there were told by every dealership. Since you’re omniscient, can you hook me up with the Powerball numbers for the next drawing?

                • Funderpants @lemmy.ca
                  3·
                  11 months ago

                  No, actually, you can do much better than, charitably, mis-remembered hearsay. Especially considering how committed you seem to be to spreading misinformation. For example:

                  https://static.nhtsa.gov/odi/rcl/2022/RCRIT-22V930-9322.pdf

                  You can read the recall letter impacted owners got here, page 14, including the onerous instructions that owners schedule a service appointment. You’ll see, or actually not see, any instruction that vehicles not be used.