New York State Department of Environmental Conservation Commissioner Basil Seggos has announced an update to the value of carbon guidance.
The guidance is a key tool for state actions to reduce climate-altering greenhouse gas emissions and advance the ongoing implementation of the Climate Act. It provides both a current and accurate estimate of the cost in dollars of each additional ton of greenhouse gas emissions. The guidance also helps to estimate the benefit of actions taken to reduce emissions to help State agencies make decisions to reduce carbon dioxide and other greenhouse gasses.
The existing guidance is being updated specifically to add the social costs per ton of sulfur hexafluoride and HFC-236fa. The two have the highest values compared to other greenhouse gasses per ton due to their long lasting and high impact nature.