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Washington D.C.-based Energy Partner Joseph Fagan was featured in Law360's article, "GHG Metric Ruling Won't Thwart FERC Pipeline Review Shift." Fagan discussed how a recent court decision that granted an injunction preventing the Biden Administration's attempt to increase the social cost of carbon would not derail FERC's move to bolster climate change review of natural gas infrastructure projects. FERC unveiled a long-awaited revision to its 1999 pipeline certificate policy at its February meeting, along with a policy outlining how the agency should consider GHG emissions in its gas infrastructure project reviews.
Fagan stated, "The social cost of carbon is a tool for measuring the impacts of greenhouse gas emissions, but it's not the only tool. I'm assuming they're not putting all their eggs in the social cost of carbon basket."
Read full article here.
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