What You Need to Know About Democrats' New Energy Legislation
Senior Research Associate Kathryne Cleary discusses the political viability of a clean energy standard with the Financial Times.
"With many states already pursuing policies similar to a CES (more than half have adopted some form of renewable portfolio standard) there is some familiarity to it among policymakers and utilities.
But more importantly, analysts said that politically-speaking, a CES was more palatable than a carbon tax. As Kathryne Cleary, senior research associate at Resources for the Future, a non-partisan think-tank, put it to ES, 'There’s something to be said about the political perception of rewarding ‘clean’ versus taxing ‘dirty’ resources. Both policies will ultimately lead to similar results but politically speaking, that could be an advantage for a CES.'"