Trump Rescinds Major Climate Change Regulation

The New York Times reports:

The White House has ordered federal agencies to stop considering the economic damage caused by climate change when writing regulations, except in cases where it is “plainly required” by law.

The directive effectively shelves a powerful tool that has been used for more than two decades by the federal government to weigh the costs and benefits of a particular policy or regulation.

Known as the “social cost of carbon,” the metric reflects the estimated damage from global warming, including wildfires, floods and droughts. It affixes a cost to the economy from one ton of carbon dioxide pollution, the main greenhouse gas that is heating the planet.

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What’s the cost to society of pollution? Trump says zero https://t.co/zwsroaS6Et

— The Straits Times (@straits_times) May 11, 2025