Calculations determining the climate damage of greenhouse gas emissions—called the social cost of carbon—will be considered in federal agencies’ budgets, permitting decisions and, eventually, government purchases
CLIMATEWIRE | The Biden administration announced plans Thursday to consider climate costs in a much broader swath of government policies and decisions than ever before — including how the federal government wields its massive buying power.
“As the world’s single largest purchaser — spending over $630 billion per year on goods and services — the federal government has the ability to move markets, invest in new ideas, and act as a model contracting partner,” the White House said in a statement. And the council — which includes procurement officials from the Defense Department, NASA and the General Services Administration — is seen to be drafting a rule for how agencies would build the social cost of greenhouse gas emissions into all procurement decisions.
The directive also called on agencies to consider harm to the climate when they fine violators for breaking the law or for regulatory infractions where that is "appropriate and consistent with their authorities.”
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