[Congressional Record Volume 162, Number 17 (Thursday, January 28, 2016)]
[Senate]
[Pages S359-S360]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3058. Mr. BLUNT (for himself, Mr. Inhofe, and Mr. Lankford) 
submitted an amendment intended to be proposed to amendment SA 2953 
proposed by Ms. Murkowski to the bill S. 2012, to provide for the 
modernization of the energy policy of the United States, and for other 
purposes; which was ordered to lie on the table; as follows:

       At the end, add the following:

                    TITLE __--SOCIAL COST OF CARBON

     SEC. __01. FINDINGS.

       Congress finds that--
       (1) the social cost of carbon is an estimate, used by 
     Federal agencies in regulatory impact analyses, of damage 
     caused by a 1-metric-ton increase in carbon dioxide 
     emissions;
       (2) between January 2008 and November 2015, various Federal 
     agencies have cited the

[[Page S360]]

     social cost of carbon in 125 different proposed rules, final 
     rules, and other actions;
       (3) between January 2008 and November 2015, by citing the 
     social cost of carbon in 73 different proposed rules, final 
     rules, and other actions, the Department has cited the social 
     cost of carbon more than any other Federal agency;
       (4) the social cost of carbon estimate was developed in a 
     closed interagency working group without notice or public 
     participation;
       (5) the Administrator of the Office of Information and 
     Regulatory Affairs agreed to public comment on the social 
     cost of carbon estimate in 2013, only after written requests 
     from Congress and the public; and
       (6) the National Academy of Sciences recommended that the 
     interagency working group that developed the social cost of 
     carbon estimate increase transparency on the ways in which 
     the social cost of carbon estimate is used in the formulation 
     of regulations.

     SEC. __02. SUBMISSION OF RESULTS OF MODELING.

       (a) In General.--Not later than 60 days after date of 
     enactment of this Act, the Director of the Office of 
     Management and Budget (referred to in this section as the 
     ``Director'') shall submit to the Speaker of the House of 
     Representatives and the President pro tempore of the Senate, 
     at a minimum, the results of modeling that examines and 
     determines the social cost carbon using the guidelines and 
     discount rates described in Executive Order 12866 (5 U.S.C. 
     601 note; relating to regulatory planning and review) so as 
     to conform with the base case analysis recommendations in 
     Office of Management and Budget Circulars A-4 (as in effect 
     on September 17, 2003) and A-94.
       (b) Additional Information.--The Director may include in 
     the submission described in subsection (a) such other 
     information as the Director considers to be appropriate.
                                 ______