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

As always, Lion never disappoints

Paul Resley

Environmental Coordinator

The instructor was very dedicated to providing a quality experience. She did her best to make sure students were really comprehending the information.

Stephanie Venn

Inventory Control Specialist

The instructor clearly enjoys his job and transmits that enthusiasm. He made a dry subject very interesting and fun.

Teresa Arellanes

EHS Manager

These are the best commercial course references I have seen (10+ years). Great job!

Ed Grzybowski

EHS & Facility Engineer

The workshop covered a lot of information without being too overwhelming. Lion is much better, more comprehensive than other training providers.

George Alva

Manufacturing Manager

Convenient; I can train when I want, where I want.

Barry Cook

Hazmat Shipping Professional

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

Lion is at the top of the industry in compliance training. Course content and structure are updated frequently to make annual re-training enjoyable. I like that Lion has experts that I can contact for 1 year after the training.

Caroline Froning

Plant Chemist

The course was very informative and presented in a way that was easily understood and remembered. I would recommend this course.

Jeffrey Tierno

Hazmat Shipping Professional

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

Download Our Latest Whitepaper

This report details major changes for hazardous waste generators from US EPA’s Generator Improvements Rule, as well as the latest updates from states that are still working to adopt new, stricter Federal requirements.

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.