Washington, D.C. — In response to the interim social cost of carbon released today by the Biden-Harris Administration, the League of Conservation Voters (LCV) issued the following statement from Matthew Davis, Legislative Director:

“Nothing underscores the importance of accounting for the true cost of carbon like oil and gas executives celebrating hitting the ‘jackpot’ as natural gas prices surged during days of extreme cold, death and devastation for Texas families. It is refreshing to have an empathetic president who listens to scientists and experts. We are thrilled that President Biden and Vice President Harris have directed government agencies to take the true, massive costs of pollution into account when crafting policies and regulations. This is a step in the right direction for all of our communities — and especially good news for communities of color long exploited by oil and gas CEOs and disproportionately exposed to toxic pollution. We have a long way to go to achieve environmental justice and build a clean energy economy and look forward to continued progress from this administration.”

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