In the Tanks: Energy Patenting and Carbon Pricing
View on Axios website"Carbon pricing: A Resources For the Future paper explores power companies' use of internal or "shadow" carbon pricing as a way to prepare for future emissions policies and hedge their bets.
Bottom line: Trump's effort to upend EPA's Clean Power Plan makes it unclear whether utilities will assume those reductions in their plan. But author Joseph Kruger argues that companies should keep using internal carbon pricing that assumes the need to cut emissions in the future, regardless of the CPP's fate.
One key recommendation: State utility commissions should require power companies in their jurisdiction to include carbon pricing in their resource plans."