Source: https://www.agc.org/, January 13, 2023

New guidance instructs federal agencies to develop implementation rules that would quantify greenhouse gas emissions (GHG) and incorporate the social cost of carbon in cost/benefit analysis that could impact permits for construction projects.

On January 6, the White House Council on Environmental Quality issued new interim guidance to instruct federal agencies on how to factor greenhouse gas emissions and climate change into National Environmental Policy Act (NEPA) reviews that come into play on many infrastructure projects where there is a federal nexus (e.g., federal action, funding, or permit). Read more.