Search

OMB Seeks Input on Social Costs of Greenhouse Gases

Posted on 6/14/2021 by Roger Marks

Public comments are due next week concerning a new technical document that details the “social costs of greenhouse gases” that the Federal government uses to estimate the benefits of new air regulations.

Interim estimates of the social cost of carbon, methane, and nitrous oxide are “used to estimate the value to society of marginal reductions in greenhouse gas emissions, or conversely, the social costs of increasing such emissions.”

The Office of Management and Budget (OMB) is seeking comments from stakeholders and the public on the interim technical document, as well as input on how to incorporate “the latest peer-reviewed science and economics literature” to develop an updated set of greenhouse gas cost estimates.  

Public comments are due before June 21, 2021. if you would like to participate in the process, you can submit a comment through the Federal Rulemaking Portal at regulations.gov. 

Why the OMB Wants Data

To perform a cost-benefit analysis of new air quality regulations, the government must consider both the costs to industry and the potential environmental and health benefits of a new rule. The benefits are often more abstract (and difficult to quantify) than costs like new equipment, more air quality monitoring, or new reporting burdens.

OMB Directed by Executive Order 13990

On January 20, 2021, President Biden signed Executive Order (EO) 13990 titled “Protecting Public Health and the Environment and Restoring Science to Tackle the Climate Crisis.”

This EO outlined stronger environmental action, including the reformation of the Interagency Working Group (IWG) on Social Cost of Greenhouse Gases under OMB, the group tasked with monetizing the social impact of greenhouse gases for use during cost-benefit analysis.

Clean Air Act Online Training

As EPA works to determine the costs of greenhouse gases, the cost of environmental compliance violations just went up again.  Violations of the Clean Air Act can now cost your facility up to $102,638 per day, per violation. 

Be confident you know how US EPA's Clean Air Act programs impact your facility. From operating permits to emissions controls to greenhouse gas reporting, the Clean Air Act Regulations online course will prepare you to identify and comply with the EPA air standards that your site must know. 

Tags: Clean Air Act, environmental compliance, GHG, greenhouse gas

Find a Post

Compliance Archives

Lion - Quotes

I have over 26 years of environmental compliance experience, and it has been some time since I have attended an environmental regulations workshop. I attended this course as preparation for EHS Audits for my six plants, and it was exactly what I was looking for.

Frank Sizemore

Director of Regulatory Affairs

The instructor was very knowledgeable and provided pertinent information above and beyond the questions that were asked.

Johnny Barton

Logistics Coordinator

I can take what I learned in this workshop and apply it to everyday work and relate it to my activities.

Shane Hersh

Materials Handler

The instructor was energetic and made learning fun compared to dry instructors from other training providers.

Andy D’Amato

International Trade Compliance Manager

I really enjoy your workshops. Thank you for such a great program and all the help Lion has provided me over the years!

George Chatman

Hazardous Material Pharmacy Technician

The instructor was very very informative, helpful, understandable and pleasant. This course answered many questions I had, being new to this industry.

Frances Mona

Shipping Manager

Very witty instructor, made the long times sitting bearable. One of the few training courses I can say I actually enjoyed.

John Hutchinson

Senior EHS Engineer

Amazing instructor; real-life examples. Lion training gets better every year!

Frank Papandrea

Environmental Manager

The online course was well thought out and organized, with good interaction between the student and the course.

Larry Ybarra

Material Release Agent

I tried other environmental training providers, but they were all sub-standard compared to Lion. I will not stray from Lion again!

Sara Sills

Environmental Specialist

Download Our Latest Whitepaper

Spot and correct 4 of the most common universal waste errors before they result in a notice of violation during a Federal or state inspection.

Latest Whitepaper

By submitting your phone number, you agree to receive recurring marketing and training text messages. Consent to receive text messages is not required for any purchases. Text STOP at any time to cancel. Message and data rates may apply. View our Terms & Conditions and Privacy Policy.