EPA claimed benefits of GHG rule overstated by 15X

The Brookings Institute has released a report that criticizes the benefits that EPA claims are associated with its proposed new greenhouse gas rule. The report authors note that by cherry-picking claimed world wide benefits of climate change mitigation efforts and ignoring certain world wide costs associated with climate change abatement, EPA has effectively gotten around the need to report actual costs of their new proposed rule for existing CO2 sources.