Coalition Letter on Establishing the Social Cost of Carbon
NYSEIA and a coalition of clean energy allies wrote Commissioner Basil Seggos urging New York State Department of Environmental Conservation to finalize Social Cost of Carbon (SCC) guidance to help lay the foundation for the clean energy economy and spur economic growth. The outcome of this process will have a critical impact on the state’s regulatory decisions and on New York’s ability to meet ambitious climate and environmental justice goals. Establishing a robust SCC will also send a public signal that New York acknowledges the widespread harms of greenhouse gas emissions—which already fall disproportionately on disadvantaged communities and threaten to compound inequities for future generations. NYSEIA and its allies outlined four guiding principles for DEC consider as it develops the SCC.