Social Cost of Methane: Garbage In, Garbage Out

Computer models are powerful tools, but as the old saying goes, “garbage in, garbage out” and models of the Social Cost of Methane (SCM) are no exceptions. The Environmental Protection Agency’s (EPA) new methane rules rely heavily on the SCM to show a benefit. Now, the Bureau of Land Management (BLM) is following suit in its venting and flaring rule, with supposed benefits between $115 million and $188 million that are largely based on the SCM.


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