To amend the National Environmental Policy Act of 1969 to clarify that no Federal agency shall be required to consider the social cost of carbon as a condition of compliance with such Act, and for other purposes.

“106.

“(a) No Federal agency shall be required to consider the social cost of carbon as part of any cost-benefit or regulatory analysis of any program, project, activity, or administrative action of the agency as a condition of compliance with this Act.

“(b) In this section:

“(1) The term “Federal agency” has the meaning given the term “Executive agency” in section 133 of title 41, United States Code.

“(2) The term “social cost of carbon” means the social cost of carbon as described in the technical support document entitled “Technical Support Document: Technical 15 Update of the Social Cost of Carbon for Regulatory Impact Analysis Under Executive Order No. 12866”, published by the Interagency Working Group on Social Cost of Carbon, United States Government, in May 2013, revised in November 2013, or any successor or substantially related document, or any other estimate of the monetized damages associated with an incremental increase in carbon dioxide emissions in a given year.”