A return to science: Evidence-based estimates of the benefits of reducing climate pollution
The White House, February 26, 2021
Abstract
President Biden’s administration is reintroducing evidence-based principles to estimate the benefits of reducing climate pollution, in contrast with the estimates from the previous administration which ignored the best available science. The new administration will follow a science-based approach and use the estimates developed prior to 2017, considering global damages, and appropriate discount rates. An update that incorporates the latest climate science and economic research is underway. However, during the transition, the previous estimates are considered to better estimate the costs of climate change. – AI-generated abstract.
