A federal appeals court on Wednesday allowed the Biden administration to continue, at least temporarily, using Obama-era values for calculating climate change costs in government decisions.
The stay granted by the 5th U.S. Circuit Court of Appeals in a lawsuit by 10 Republican-led states is a victory for President Joe Biden's efforts to factor the risks of global warming into federal decision-making.
The government has appealed a preliminary injunction imposed in February by a U.S. District Court judge in Louisiana which had temporarily blocked it from using a value of about $50 per ton as the "social cost of greenhouse gases."
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