How much will climate change rules benefit Americans? (Susan E. Dudley, Art Fraas, Ted Gayer, John Graham, Randall Lutter, Jason F. Shogren, W. Kip Viscusi, Brookings)

When considering domestic action to reduce the impacts of climate change, should U.S. agencies estimate and report the benefits to U.S. citizens or to the world? In a letter to the National Academy of Sciences, we argue they should do both. In the context of international negotiations, such as the recent Paris accord, a global focus is clearly relevant. But, when evaluating regulations that will impose large costs on U.S. citizens, it is incumbent upon the federal government to estimate and report domestic benefits as well.

http://www.brookings.edu/research/opinions/2016/02/09-climate-change-rules-benefit-americans-gayer