WASHINGTON (March 12, 2025) – The American Chemistry Council (ACC) issued the following statement in response to the Environmental Protection Agency (EPA)’s announcement that the Agency will undertake a series of historic deregulatory actions including an “overhaul [to] the Biden-Harris Administration’s ‘Social Cost of Carbon.’”
“We welcome EPA’s decision to revisit the Biden-Harris administration’s ‘social cost of carbon.’ This metric affects a broad range of policies and regulations, and directives for updating the values should adhere to rigorous methodology including ample opportunities for public and stakeholder input. Unfortunately, the previous administration failed to institute and implement a clear process that properly engaged stakeholders, resulting in a flawed metric. We look forward to reviewing and providing input on EPA’s proposals on this issue as they emerge.”
