I know some of you may be vaguely interested in the climate change policy debate, but you realize there’s a lot of reading to get up to speed you would have to decide which person is fudging the facts etc. If that’s you, I’ve got just the blog post you’ve been waiting for.
In this post at IER, I use the just-released Government Accountability Office (GAO) report to show that the Obama Administration’s Working Group on the “social cost of carbon” clearly ignored two of the government’s own guidelines when doing cost/benefit analyses. This isn’t up for debate; I let the GAO itself establish the rules, and then quote from the GAO report itself to show the Administration ignored them. What’s hilarious is that the GAO report doesn’t take a stand on whether this is legitimate; it merely says that it describes what happened.
There’s no point in excerpting, you just need to follow the link if this interests you.