Federal Register / Vol. 78, No. 250 / Monday, December 30, 2013 / Notices 79419 

1Technical Update of the Social Cost of Carbon 

for Regulatory Impact Analysis Under Executive 

Order 12866. Interagency Working Group on Social 

Cost of Carbon, United States Government. May 

2013. 

2http://www.whitehouse.gov/blog/2013/11/01/

refining-estimates-social-cost-carbon 

DEPARTMENT OF ENERGY 

Energy Conservation Program for 

Consumer Products and Commercial 

and Industrial Equipment: Effect of 

Revised Estimates of the Social Cost 

of Carbon 

AGENCY: Office of Energy Efficiency and 

Renewable Energy, Department of 

Energy. 

ACTION: Notice of Data Availability 

(NODA). 

SUMMARY: The U.S. Department of 

Energy (DOE) has, for several years, 

used monetary values for the Social Cost 

of Carbon (SCC) to estimate the value to 

society of reducing carbon emissions 

that could result from rulemakings 

establishing energy conservation 

standards for residential appliances and 

industrial equipment. In recent 

standards rulemakings for microwave 

oven standby and off modes, metal 

halide lighting fixtures, commercial 

refrigeration equipment, walk-in coolers 

and freezers, and furnace fans, DOE 

used SCC values developed by an 

interagency group and released to the 

public in May 2013 by the Office of 

Management and Budget (OMB). OMB 

has issued updated SCC values that 

reflect minor technical corrections to 

the estimates that were released in May 

2013. The purpose of this notice is to 

show the impact of these updated 

values on the national economic 

benefits projected to result from the 

proposed standards for commercial 

refrigeration equipment, walk-in coolers 

and freezers, metal halide lighting 

fixtures, and furnace fans. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information may 

be sent to Mr. John Cymbalsky, U.S. 

Department of Energy, Office of Energy 

Efficiency and Renewable Energy, 

Building Technologies Office, EE–2J, 

1000 Independence Avenue SW., 

Washington, DC 20585–0121. 

Telephone: (202) 287–1692. Email: 

John.Cymbalsky@ee.doe.gov. 

Ms. Ami Grace-Tardy, U.S. 

Department of Energy, Office of the 

General Counsel, GC–71, 1000 

Independence Avenue SW., 

Washington, DC 20585–0121. 

Telephone: (202) 586–5709. Email: 

Ami.Grace-Tardy@hq.doe.gov. 

SUPPLEMENTARY INFORMATION: 

I. Introduction 

For several years, DOE has used the 

monetary values provided by the SCC to 

estimate the value to society of reduced 

carbon emissions from rulemakings 

establishing energy conservation 

standards for residential appliances and 

industrial equipment. DOE has recently 

issued standards rulemakings for 

microwave oven standby and off modes, 

commercial refrigeration equipment, 

walk-in coolers and freezers, metal 

halide lighting fixtures, and furnace 

fans. DOE issued a final rule for 

microwave oven standby and off modes 

standards (78 FR 36316 (June 17, 2013)), 

and it issued notices of proposed 

rulemaking (NOPR) for metal halide 

lighting fixtures (78 FR 51463 (August 

20, 2013)), commercial refrigeration 

equipment (78 FR 55889 (September 11, 

2013)), walk-in coolers and freezers (78 

FR 55781 (September 11, 2013)), and 

residential furnace fans (78 FR 64067 

(October 25, 2013)). The analyses 

prepared for these rulemakings used 

values for the SCC that were developed 

by an interagency group and issued by 

OMB in May 2013.1 The May 2013 

estimates reflect values that are similar 

to those used by other governments, 

international institutions, and major 

corporations. Table 1 shows the May 

2013 sets of SCC estimates in five year 

increments from 2010 to 2050. The 

interagency group selected four sets of 

SCC values for use in regulatory 

analyses. Three sets of values are based 

on the average SCC from the three 

integrated assessment models that were 

evaluated, at discount rates of 2.5, 3, 

and 5 percent. The fourth set, which 

represents the 95th percentile SCC 

estimate across all three models at a 3- 

percent discount rate, is included to 

represent higher-than-expected impacts 

from temperature change further out in 

the tails of the SCC distribution. 

On November 1, 2013, OMB issued 

updated values for the May 2013 SCC.2

OMB announced a 60-day public 

comment period on the updated values 

and the underlying technical support 

document on November 26, 2013. 78 FR 

70586. These updated values reflect 

minor technical corrections to the May 

2013 SCC estimates. The technical 

corrections to the May 2013 SCC values 

represent the best available science and 

data on the economic impacts on society 

of climate change, and, as such, will be 

used by DOE in its rulemakings. Table 

2 shows the updated sets of SCC 

estimates in five year increments from 

2010 to 2050. The changes from the May 

2013 values to the November 2013 

values are small. 

TABLE 1—ANNUAL SCC VALUES FROM MAY 2013 INTERAGENCY REPORT, 2010–2050 

[2007 dollars per metric ton CO2] 

Year 

Discount rate 

(percent) 

5 3 2.5 3 

Average Average Average 95th Percentile 

2010 ......................................................................................... 11 33 52 90 

2015 ......................................................................................... 12 38 58 109 

2020 ......................................................................................... 12 43 65 129 

2025 ......................................................................................... 14 48 70 144 

2030 ......................................................................................... 16 52 76 159 

2035 ......................................................................................... 19 57 81 176 

2040 ......................................................................................... 21 62 87 192 

2045 ......................................................................................... 24 66 92 206 

2050 ......................................................................................... 27 71 98 221 

maindgalligan on DSK5TPTVN1PROD with NOTICES

79420 Federal Register / Vol. 78, No. 250 / Monday, December 30, 2013 / Notices 

3 In DOE rulemakings, ‘‘TSLs’’ represent different 

efficiency levels that DOE analyzes when deciding 

which efficiency level to propose or adopt based on 

statutory criteria. 

TABLE 2—ANNUAL SCC VALUES FROM NOVEMBER 2013 INTERAGENCY REPORT UPDATE, 2010–2050 

[2007 dollars per metric ton CO2] 

Year 

Discount rate 

(percent) 

5 3 2.5 3 

Average Average Average 95th Percentile 

2010 ......................................................................................... 11 32 51 89 

2015 ......................................................................................... 11 37 57 109 

2020 ......................................................................................... 12 43 64 128 

2025 ......................................................................................... 14 47 69 143 

2030 ......................................................................................... 16 52 75 159 

2035 ......................................................................................... 19 56 80 175 

2040 ......................................................................................... 21 61 86 191 

2045 ......................................................................................... 24 66 92 206 

2050 ......................................................................................... 26 71 97 220 

II. Discussion 

As indicated above, the updated SCC 

values are only slightly different from 

the May 2013 SCC values. As such, the 

impact of using these values on DOE’s 

estimates of the economic value of 

reductions in CO2 emissions associated 

with the energy conservation standards 

for the products mentioned in section I 

is very small, and in no way affects the 

policy decisions made by DOE in the 

relevant rulemakings. Nonetheless, DOE 

wishes to inform interested parties of 

the exact effect of the updated values on 

the national economic benefits projected 

to result from the proposed standards 

for commercial refrigeration equipment, 

walk-in coolers and freezers, metal 

halide lighting fixtures, and residential 

furnace fans. The benefits of reductions 

in CO2 emissions associated with energy 

conservation standards using the May 

2013 SCC values and the updated SCC 

values, along with the total net benefits 

in each case, are shown in: Table 3 for 

the proposed metal halide lighting 

fixtures standards (in real 2012 dollars); 

Table 4 for the proposed commercial 

refrigeration equipment standards (in 

real 2012 dollars); Table 5 for the 

proposed walk-in coolers and freezers 

standards (in real 2012 dollars); and 

Table 6 for the proposed residential 

furnace fans standards (in real 2012 

dollars). Given the small change in the 

benefits, DOE has, in this notice, only 

shown the summary National impacts of 

the changes and not the results at the 

more detailed trial standard levels 

(TSLs). However, DOE notes that the 

changes at the Trial Standard Level 

(TSL) level are equally small and do not 

in any way affect DOE’s evaluation of 

those TSLs.3

TABLE 3—SUMMARY OF NATIONAL ECONOMIC BENEFITS AND COSTS OF PROPOSED METAL HALIDE LAMP FIXTURE

ENERGY CONSERVATION STANDARDS 4

Category Present value 

(million 2012$) 

Discount rate 

(percent) 

Benefits 

Operating Cost Savings ............................................................................................................................... 1,848 7 

3,748 3 

Using Revised November 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($11.8/t case)* ........................................................................................ 332 5 

CO2 Reduction Monetized Value ($39.7/t case)* ........................................................................................ 1,514 3 

CO2 Reduction Monetized Value ($61.2/t case)* ........................................................................................ 2,406 2.5 

CO2 Reduction Monetized Value ($117/t case)* ......................................................................................... 4,666 3 

NOX Reduction Monetized Value (at $2,639/ton)* ...................................................................................... 45 7 

91 3 

Total Benefits † ............................................................................................................................................. 3,406 7 

5,352 3 

Using Original May 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($12.9/t case)* ........................................................................................ 333 5 

CO2 Reduction Monetized Value ($40.8/t case)* ........................................................................................ 1,532 3 

CO2 Reduction Monetized Value ($62.2/t case)* ........................................................................................ 2,436 2.5 

CO2 Reduction Monetized Value ($117/t case)* ......................................................................................... 4,689 3 

NOX Reduction Monetized Value (at $2,639/ton)* ...................................................................................... 45 7 

91 3 

Total Benefits † ............................................................................................................................................. 3,424 7 

5,371 3 

maindgalligan on DSK5TPTVN1PROD with NOTICES

Federal Register / Vol. 78, No. 250 / Monday, December 30, 2013 / Notices 79421 

4See Table I.3 at 78 FR 51463, 51468 (August 20, 

2013). 

TABLE 3—SUMMARY OF NATIONAL ECONOMIC BENEFITS AND COSTS OF PROPOSED METAL HALIDE LAMP FIXTURE

ENERGY CONSERVATION STANDARDS 4—Continued 

Category Present value 

(million 2012$) 

Discount rate 

(percent) 

Costs 

Incremental Installed Costs ......................................................................................................................... 897 7 

1,294 3 

Net Benefits (Using Revised November 2013 SCC Values) Costs 

Including CO2 and NOX Reduction Monetized Value ................................................................................. 2,510 7 

4,058 3 

Net Benefits (Using Original May 2013 SCC Values) Costs 

Including CO2 and NOX Reduction Monetized Value ................................................................................. 2,528 7 

4,076 3 

* The CO2 values represent global values of the social cost of CO2 emissions (in 2012$) in 2015 under several scenarios. The first three values are averages of SCC distributions calculated using 5%, 3%, and 2.5% discount rates, respectively. The fourth value represents the 95th percentile of the SCC distribution calculated using a 3% discount rate. The value for NOX is the average of the low and high values used in DOE’s 

analysis. †Total Benefits for both the 3% and 7% cases are derived using the series corresponding to SCC value of $39.7/t or $40.8/t in 2015 (derived 

from the 3% discount rate value for SCC). 

TABLE 4—SUMMARY OF NATIONAL ECONOMIC BENEFITS AND COSTS OF PROPOSED COMMERCIAL REFRIGERATION

EQUIPMENT ENERGY CONSERVATION STANDARDS 5

Category Present value 

(million 2012$) 

Discount rate 

(percent) 

Benefits 

Operating Cost Savings ............................................................................................................................. 2,695 7 

6,034 3 

Using Revised November 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($11.8/t case) * ..................................................................................... 306 5 

CO2 Reduction Monetized Value ($39.7/t case) * ..................................................................................... 1,481 3 

CO2 Reduction Monetized Value ($61.2/t case) * ..................................................................................... 2,418 2 .5 

CO2 Reduction Monetized Value ($117/t case) * ...................................................................................... 4,527 3 

NOX Reduction Monetized Value (at $2,639/ton) * ................................................................................... 50 7 

108 3 

Total Benefits† ........................................................................................................................................... 4,226 7 

7,623 3 

Using Original May 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($12.9/t case) * ..................................................................................... 308 5 

CO2 Reduction Monetized Value ($40.8/t case) * ..................................................................................... 1,504 3 

CO2 Reduction Monetized Value ($62.2/t case) * ..................................................................................... 2,452 2 .5 

CO2 Reduction Monetized Value ($117/t case) * ...................................................................................... 4,552 3 

NOX Reduction Monetized Value (at $2,639/ton) * ................................................................................... 50 7 

108 3 

Total Benefits† ........................................................................................................................................... 4,249 7 

7,646 3 

Costs 

Incremental Installed Costs ....................................................................................................................... 1,089 7 

1,967 3 

Net Benefits (Using Revised November 2013 SCC Values) 

Including CO2 and NOX Reduction Monetized Value ............................................................................... 3,137 7 

maindgalligan on DSK5TPTVN1PROD with NOTICES

79422 Federal Register / Vol. 78, No. 250 / Monday, December 30, 2013 / Notices 

5See Table I.3 at 78 FR 55889, 55893 (September 

11, 2013). 

TABLE 4—SUMMARY OF NATIONAL ECONOMIC BENEFITS AND COSTS OF PROPOSED COMMERCIAL REFRIGERATION

EQUIPMENT ENERGY CONSERVATION STANDARDS 5—Continued 

Category Present value 

(million 2012$) 

Discount rate 

(percent) 

5,656 3 

Net Benefits (Using Original May 2013 SCC Values) 

Including CO2 and NOX Reduction Monetized Value ............................................................................... 3,160 7 

5,679 3 

* The CO2 values represent global values of the social cost of CO2 emissions (in 2012$) in 2015 under several scenarios. The first three values are averages of SCC distributions calculated using 5, 3, and 2.5 discount rates, respectively. The fourth value represents the 95th percentile 

of the SCC distribution calculated using a 3 discount rate. The value for NOX is the average of the low and high values used in DOE’s analysis. †Total Benefits for both the 3 and 7 cases are derived using the series corresponding to SCC value of $39.7/t or $40.8/t in 2015 (derived from 

the 3 discount rate value for SCC). 

TABLE 5—SUMMARY OF NATIONAL ECONOMIC BENEFITS AND COSTS OF PROPOSED WALK-IN COOLERS AND FREEZERS

ENERGY CONSERVATION STANDARDS 6

Category Present value 

(billion 2012$) 

Discount rate 

(percent) 

Benefits 

Operating Cost Savings ............................................................................................................................. 12.41 7 

31.56 3 

Using Revised November 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($11.8/t case) * ..................................................................................... 1.87 5 

CO2 Reduction Monetized Value ($39.7/t case) * ..................................................................................... 8.87 3 

CO2 Reduction Monetized Value ($61.2/t case) * ..................................................................................... 14.19 2 .5 

CO2 Reduction Monetized Value ($117/t case) * ...................................................................................... 27.39 3 

NOX Reduction Monetized Value (at $2,639/ton) * ................................................................................... 0.24 7 

0.55 3 

Total Benefits† ........................................................................................................................................... 21.52 7 

40.98 3 

Using Original May 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($12.9/t case) * ..................................................................................... 1.88 5 

CO2 Reduction Monetized Value ($40.8/t case) * ..................................................................................... 8.96 3 

CO2 Reduction Monetized Value ($62.2/t case) * ..................................................................................... 14.36 2 .5 

CO2 Reduction Monetized Value ($117/t case) * ...................................................................................... 27.52 3 

NOX Reduction Monetized Value (at $2,639/ton) * ................................................................................... 0.24 7 

0.55 3 

Total Benefits† ........................................................................................................................................... 21.61 7 

41.07 3 

Costs 

Incremental Installed Costs ....................................................................................................................... 3.77 7 

7.26 3 

Net Benefits (Using Revised November 2013 SCC Values) 

Including CO2 and NOX Reduction Monetized Value ............................................................................... 17.76 7 

33.72 3 

Net Benefits (Using Original May 2013 SCC Values) 

Including CO2 and NOX Reduction Monetized Value ............................................................................... 17.84 7 

33.80 3 

* The CO2 values represent global values of the social cost of CO2 emissions (in 2012$) in 2015 under several scenarios. The first three values are averages of SCC distributions calculated using 5, 3, and 2.5 discount rates, respectively. The fourth value represents the 95th percentile 

of the SCC distribution calculated using a 3 discount rate. The value for NOX is the average of the low and high values used in DOE’s analysis. †Total Benefits for both the 3 and 7 cases are derived using the series corresponding to SCC value of $39.7/t or $40.8/t in 2015 (derived from 

the 3 discount rate value for SCC). 

maindgalligan on DSK5TPTVN1PROD with NOTICES

Federal Register / Vol. 78, No. 250 / Monday, December 30, 2013 / Notices 79423 

6See Table I–3 at 78 FR 55781, 55786–87 

(September 11, 2013). 

7See Table 1.3 at 78 FR 64067, 64071 (October 

25, 2013). 

TABLE 6—SUMMARY OF NATIONAL ECONOMIC BENEFITS AND COSTS OF PROPOSED FURNACE FAN ENERGY

CONSERVATION STANDARDS 7

Category Present value 

(billion 2012$) 

Discount rate 

(percent) 

Benefits 

Operating Cost Savings ............................................................................................................................. 11.58 7 

32.00 3 

Using Revised November 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($11.8/t case) * ..................................................................................... 2.22 5 

CO2 Reduction Monetized Value ($39.7/t case) * ..................................................................................... 11.44 3 

CO2 Reduction Monetized Value ($61.2/t case) * ..................................................................................... 18.60 2 .5 

CO2 Reduction Monetized Value ($117/t case) * ...................................................................................... 35.42 3 

NOX Reduction Monetized Value (at $2,639/ton) * ................................................................................... 0.11 7 

0.31 3 

Total Benefits† ........................................................................................................................................... 23.13 7 

43.76 3 

Using Original May 2013 Social Cost of Carbon Values 

CO2 Reduction Monetized Value ($12.9/t case) * ..................................................................................... 2.25 5 

CO2 Reduction Monetized Value ($40.8/t case) * ..................................................................................... 11.52 3 

CO2 Reduction Monetized Value ($62.2/t case) * ..................................................................................... 18.81 2 .5 

CO2 Reduction Monetized Value ($117/t case) * ...................................................................................... 35.56 3 

NOX Reduction Monetized Value (at $2,639/ton) * ................................................................................... 0.11 7 

0.31 3 

Total Benefits† ........................................................................................................................................... 23.21 7 

43.84 3 

Costs 

Incremental Installed Costs ....................................................................................................................... 3.07 7 

5.85 3 

Net Benefits (Using Revised November 2013 SCC Values) 

Including CO2 and NOX Reduction Monetized Value ............................................................................... 20.06 7 

37.91 3 

Net Benefits (Using Original May 2013 SCC Values) 

Including CO2 and NOX Reduction Monetized Value ............................................................................... 20.14 7 

38.99 3 

* The CO2 values represent global values of the social cost of CO2 emissions (in 2012$) in 2015 under several scenarios. The first three values are averages of SCC distributions calculated using 5, 3, and 2.5 discount rates, respectively. The fourth value represents the 95th percentile 

of the SCC distribution calculated using a 3 discount rate. The value for NOX is the mid-range value used in DOE’s analysis. †Total Benefits for both the 3 and 7 cases are derived using the series corresponding to SCC value of $39.7/t or $40.8/t in 2015 (derived from 

the 3 discount rate value for SCC). 

Issued in Washington, DC, on December 

24, 2013. 

Kathleen B. Hogan, 

Deputy Assistant Secretary for Energy 

Efficiency, Energy Efficiency and Renewable 

Energy. 

[FR Doc. 2013–31270 Filed 12–27–13; 8:45 am] 

BILLING CODE 6450–01–P 

DEPARTMENT OF ENERGY 

Office of Energy Efficiency and 

Renewable Energy 

[Docket No. EERE–2013–BT–DET–0053] 

Energy Efficiency Program for 

Industrial Equipment: Petition of CSA 

Group for Classification as a Nationally 

Recognized Certification Program for 

Small Electric Motors 

AGENCY: Office of Energy Efficiency and 

Renewable Energy, Department of 

Energy. 

ACTION: Notice of petition and request 

for public comments. 

SUMMARY: This notice announces receipt 

of a petition from CSA Group (CSA) 

seeking classification as a nationally 

recognized certification program under 

10 CFR 431.447 and 431.448. In its 

petition, which appears at the end of 

this notice, CSA provides 

documentation to help substantiate its 

position that its certification program 

for small electric motors satisfies the 

evaluation criteria for classification as a 

nationally recognized certification 

maindgalligan on DSK5TPTVN1PROD with NOTICES