The main contribution of President Obama’s Climate Action Plan, as Raymond Pierrehumbert explains, is its charge to the Environmental Protection Agency to regulate the carbon emissions of existing power plants. This could reduce U.S. carbon emissions significantly—but if the EPA uses the dubious set of calculations that the government has developed, its power plant regulations might be struck down in court. The story behind those calculations reveals the immense challenges the government faces as it finally addresses global warming.

Although many gases contribute to climate change, the major culprit is carbon, which diffuses into the atmosphere when fossil fuels are burned. Carbon is emitted in vast quantities and takes a very long time to dissipate. Thus, any effective regulation must take aim first and foremost at carbon.

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Areas of Focus: Climate Change
Definition
Climate Change
Climate change is an urgent global challenge. EPIC research is helping to assess its impacts, quantify its costs, and identify an efficient set of policies to reduce emissions and adapt...
Climate Law & Policy
Definition
Climate Law & Policy
As countries around the world implement policies to confront climate change, EPIC research is calculating which policies will have the most impact for the least cost.
Social Cost of Carbon
Definition
Social Cost of Carbon
The social cost of carbon is an essential tool for incorporating the cost of climate change into policy-making, corporate planning and investment decisionmaking in the United States and around the...