Democrats' Clean Power Outlook is Very Muddy

Axios Generate profiles RFF modeling in its analysis of power-sector reconciliation policies.

View on Axios Generate website

Date

Oct. 18, 2021

News Type

Media Highlight

Source

Axios Generate

By the numbers: Resources for the Future, a nonpartisan think tank, estimates that with no policy changes, power sector emissions in 2030 are 43% lower than 2005 levels.

The tax incentives in the Democrats' plan bump that to 72% while adding the CEPP increases the total to 81%. So the tax credits do more in their study, but there's some nuance here.
They didn't analyze the CEPP in isolation, but rather as policy layered onto tax incentives that drive lots of deployment. "We can’t really directly compare the two policies," RFF analyst Nicholas Roy said via email, noting it also depends on how the CEPP is implemented.

Topics

Federal Climate Policy

Related People

Nicholas Roy

Research Associate

Nicholas Roy is a research associate at Resources for the Future, where he analyzes policies that include clean energy tax credits, renewable energy standards, and emissions pricing.

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