POLITICO New York Energy: "Carbon Pricing Analysis"
View on POLITICO websitePolitico's “New York Energy” newsletter cite RFF's report, "Benefits and Costs of Power Plant Carbon Emissions Pricing in New York" to discuss the impact that pricing carbon would have on the political and economic feasibility of renewable use in New York. The story comes following the passage of the New York state legislature’s latest energy bill. The full quote is listed below:
"Resources for the Future has completed an updated analysis of the impact of a carbon price in the New York electric market, taking into consideration the state's new renewable goals. ‘Our findings suggest that pricing carbon at $63 in 2025 ($51 in 2013 dollars) could lead to the share of clean energy rising to as high as 64 percent of total New York generation by 2025... although the increase in non-emitting generation due to the Policy is smaller under the High renewables costs assumption,’ the report finds."
Read the full article here.
