A federal appeals court has revived a Biden administration effort to account for potential damage from greenhouse gas emissions when creating rules for polluting industries.
A Louisiana-based federal judge had blocked the so-called “ social cost of carbon ” policy last month, saying it would bring costly regulatory burdens and drive up energy prices. But a panel of three 5th U.S. Circuit Court of Appeals judges in New Orleans unanimously stayed the lower court in a ruling dated Wednesday, meaning the administration can continue using the policy while the court case goes on.
