SOCIAL COST OF CARBON: Identifying a Federal Entity to Address the National Academies’ Recommendations Could Strengthen Regulatory Analysis

This report examines, among other objectives: (1) how the federal government’s current estimates of the social cost of carbon compare to its prior estimates and (2) how the federal government plans to address the recommendations of the National Academies. GAO reviewed executive orders, OMB guidance, and regulatory impact analyses and interviewed OMB, EPA, NHTSA, and BLM officials and staff who had conducted such analyses. GAO recommends that OMB identify a federal entity responsible for addressing the National Academies’ recommendations.

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