Colorado Uses the SCC in Cost-Benefit Analysis for Rules Governing Statewide Transportation Planning
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Application
Cost-benefit analysis
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Date
September 2021 -
Details
The Colorado Department of Transportation (CDOT) is developing new regulations to change how the state approaches transportation infrastructure investments. The draft rules specifically call for the consideration of greenhouse gas emissions. The CDOT prepared a cost-benefit analysis for the proposed rules and included the social cost of carbon in its calculation of economic benefits.
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SCC Value(s)
Based on IWG SCC at 2.5% discount rate.
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Legal Authority
Colo. Rev. Stats. § 25-7-102(2)(g)
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Status
Public comments on the proposed rules were accepted until November 18, 2021.
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