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FTA Eliminates ‘Social Cost of Carbon’ from Capital Transit Ratings Criteria

Progressive Railroading

Federal Transit Administration Administrator Marc Molinaro yesterday announced the agency finalized guidance for the Capital Investment Grants (CIG) program, which included eliminating calculations for a “social cost of carbon” criteria that had been required under the Biden administration. FTA will revert to a previously used methodology that relies on the U.S. Environmental Protection Agency’s National Ambient Air Quality Standards designation, based on the city in which a transit project is located, FTA officials said in a press release.

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