Institute for Policy Integrity Comments on Carbon Pricing in Wholesale Electricity Markets to New York

Our comments to New York State Department of Public Service and New York Independent System Operator encourage the state to pursue carbon pricing, as it is the most economically efficient and technology-neutral way to internalize climate damages from greenhouse gases. We argue that the price used for carbon damages, the mechanisms to prevent emission leakage, and the allocation of revenue collected from emitting sources will all affect the level of emissions reductions the state can achieve through policy. The design of the program will determine its success in reducing emissions, and we encourage New York to consider carefully the benefits of different implementation plans.

← Institute for Policy Integrity Comments to the Public Utilities Commission of Nevada on the Social Cost of Carbon

Institute for Policy Integrity Comments to New York State on Clean Energy Standards for Existing Generators →