The social cost of carbon (SCC) regulations
By Paul Driessen and Roger Bezdek “If you could pick just one thing to reduce poverty, by far you would pick energy,” Bill Gates has said. “Access to energy is absolutely fundamental in the struggle against poverty,” World Bank VP Rachel Kyte, and Nobel Prize Laureate Dr. Amartya Sen agree. The UN Development Program also calls energy “central to poverty reduction.” And International Energy Agency Executive Director Dr. Fatih Birol notes that “coal is raising living standards and lifting hundreds of millions of people out of poverty.” In fact, all fossil fuels are doing so. Indeed, fossil fuels created the modern world [...]