A Window into the Future of a Potential Carbon Tax in the USA

by admin on February 27, 2014

Posted on February 24, 2014 by Anthony Watts

“It is important to read this because it provides a window into the future of a potential carbon tax in the USA.

A look at the behind the scenes legal battle with the EPA over the ‘social cost of carbon’ and looming carbon tax

WUWT has been granted exclusive first access to this new legal document challenging the EPA’s proposed use of calculations on SCC.

While this submission to OMB from Attorney Menton may look forbiddingly legalistic document to many WUWT readers, a number of you may well have signed one or more of the Amicus Briefs and other materials cited in it.It is important to read this because it provides a window into the future of a potential carbon tax in the USA.

I consider it a “must read” for those of you who are very concerned about the EPA’s current and proposed CO2 –related regulations. EPA uses its Social Cost of Carbon estimates to justify all such regulations. And, these estimates are also being used as recommended starting points for future carbon taxes. Enough said as to why it makes sense to read and think about the submission?
If not, you will note it begins by showing that using IPCC’s own words, its estimates of Climate Sensitivity must be treated using what the mathematics of decision theory would call “under “Complete Ignorance Uncertainty.” Therefore, EPA’s reliance on IPCC is hardly justified.

Next, it argues that, in the court room, EPA’s own Endangerment Finding was predicated on three easy to understand “Lines of Evidence,” where each has now been shown to be invalid.”

The three lines of evidence used by the EPA are A. B. and C.
epa

Read the rest of this story here: wattsupwiththat.com

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