Expert Testimony on Colorado’s Low Emission Vehicle Program and the Social Cost of Carbon

In 2018, Policy Integrity submitted expert testimony on the benefits of Colorado’s proposed Low Emission Vehicle Program. The LEV program could avoid millions of tons of greenhouse gas emissions, and we explain to the Colorado Air Quality Control Commission the importance of and methodology for monetizing the real-world contributions of those emissions to global climate change. Our report shows, by applying Social Cost of Carbon estimates, that Colorado’s proposed LEV program could generate billions of dollars’ worth of climate benefits.

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