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Climate Policy Watch

Top Fed official says climate may affect monetary policy

If climate-related damages and associated policy responses affect economic productivity and growth, “there may be implications for the long-run neutral level of the real interest rate,” said Fed Governor Lael Brainard.

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Amid Doubts, Acting EPA Air Chief Details Ambitious Deregulatory Agenda

Anne Idsal, EPA’s acting Office of Air & Radiation chief, is detailing an ambitious deregulatory agenda for the coming years including finalizing rollbacks of major Obama-era rules and issuing policies to ease compliance mandates for states and industry, amid observers’ doubts over the content of, and justification for, some of the efforts.

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San Francisco Fed weighs climate risks

The San Francisco branch of the Federal Reserve is hosting a first-ever event discussing nearly a dozen academic papers on the physical and policy risks from climate change.

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Parties Fight Over Venue For Suit On Preemption Of California Auto Rules

The battle over the proper venue for litigating the Trump administration’s rule preempting California’s vehicle greenhouse gas program is heating up, with the government recently arguing federal district courts lack jurisdiction to hear lawsuits brought by states and environmentalists.

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Bipartisan Senate climate caucus adds six members

New caucus members include Sens. Lisa Murkowski (R-AK), Jeanne Shaheen (D-NH), Mitt Romney (R-UT), Angus King (I-ME), Lindsey Graham (R-SC) and Michael Bennet (D-CO).

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EPA plans to release RFS volumes rule by New Year

EPA’s final RFS biofuel volumes rule for 2020 appears to be up to one month behind schedule, as the agency wrestles with how to account for blending volumes waived for small refiners.

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9th Circuit Panel Seems Skeptical Of NEPA Climate Suit Over Alaska Drilling

At least two judges on a federal appeals court panel appeared skeptical of environmentalists’ arguments that Interior Department officials violated the National Environmental Policy Act (NEPA) by not adequately assessing climate change impacts of the nation’s first offshore drilling project in federal Arctic waters.

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Thousands of scientists declare ‘climate emergency’

The scientists state “clearly and unequivocally that the planet Earth is facing a climate emergency,” a statement one House Democrat says backs up his call for a Hill resolution likewise declaring an emergency.

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Experts See State GHG Efforts As Incomplete Fix For Trump’s Paris Exit

Climate policy experts are touting states’ ramped-up action on climate as a way to partially counter the Trump administration’s looming withdrawing from the Paris climate deal, though they acknowledge it is a second-best stand in for federal climate policies including rules EPA and other agencies are rolling back.

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NRDC Taps McCarthy As New Chief Amid Fight Over Trump Rollbacks

The Natural Resources Defense Council (NRDC) is tapping former Obama EPA Administrator Gina McCarthy as its next president, adding a high-profile new leader as it and other environmental groups battle the Trump administration’s rollbacks of Obama-era climate and environmental policies at EPA and other agencies.

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