DEC Announces Finalization of 'Value of Carbon' January 04 2021

From the NYS Department of Environmental Conservation (DEC) press release dated Dec. 30, 2020:

DEC Announces Finalization of 'Value of Carbon' Guidance to Help Measure Impacts of Greenhouse Gas Emissions

Guidance Marks the Latest Milestone in the Climate Leadership and Community Protection Act Implementation

Updated Values for Carbon Dioxide, Methane, and Nitrous Oxide to Inform New York's Actions to Reduce Emissions

...Use of the lower central discount rate translates into a 2020 central value of carbon dioxide of $125 per ton; methane of $2,782 per ton; and nitrous oxide of $44,727 per ton. The full set of values for 2020-2050 is provided in the Appendix to the guidance.

The Value of Carbon Guidance announced today and supplemental documents are available on DEC's website.

You can download the PDF of "Establishing a Value of Carbon" here.

Sources of GHG in NYS