Venkatesh Rao Retweeted Venkatesh Rao
This is basically real estate slumlord NPV accounting. It’s the rough equivalent of lowballing property (or rather, antiproperty or waste) valuation to lower taxes. From $50 to $7/ton of GHG reductionhttps://twitter.com/vgr/status/1033143335991406593 …
Venkatesh Rao added,
Venkatesh Rao @vgr
The math of spatiotemporal selfishness. “the EPA no longer counts climate benefits that occur outside US borders. That’s daft, but even more daft, rather than the Obama administration’s 3 percent
discount rate, it is using a discount rate of 7 percent.”
https://www.vox.com/platform/amp/energy-and-environment/2018/8/24/17772268/trump-climate-power-plants-affordable-clean-energy-clean-power-plan …
5:11 PM - 24 Aug 2018
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