State AGs Sue Biden Administration Over ‘Social Costs’ of Greenhouse Gases

A dozen attorneys general — including Ohio AG Dave Yost — are suing the Biden administration for increasing the cost of greenhouse gas emissions. The group says only Congress has authority to boost the price tag, which has been raised from $7 per metric ton to the Obama-era level of $50 until the administration figures out what it considers the “social costs” of carbon dioxide, methane, and nitrous oxide emissions, according to

The administration’s working group has established preliminary cost figures at about $9.5 trillion a year. The lawsuit says the higher costs will cause serious harm to U.S. industry. 3/9/2021