OMB’s notice comes not long after Louisiana and other Republican-controlled states, saying they violated notice-and-comment regulatory requirements. OMB's notice asks for ideas about how to update the social cost of carbon calculations to reflect scientific and economic advancements. A final update is expected in January 2022, and climate activists hope it will significantly increase the level, making regulation easier.
President Biden's pick for EPA's water chief, Radhika Fox, plans to keep holdings in a number of chemical, energy and beverage companies with interests before EPA, though she plans to sell off her stake in Exxon Mobil, Chevron and Berkshire Hathaway, Alex and Annie Snider report. Fox made the disclosures in paperwork ahead of her Senate EPW confirmation hearing on Wednesday.
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