California Public Utilities Commission Uses SCC to Show Benefits of Different Scenarios
Avoided social costs of different emissions reduction scenarios.
The 100 Percent Clean Energy Act of 2018 (also known as Senate Bill 100) 1 created a carbon-neutrality goal for California's electricity sector. The California Public Utilities Commision (CPUC) issued a report in March 2021 on the Act's implementation. 2 This report includes an appendix that shows the benefits of emissions reductions under the SB100 scenario and a 60% renewable portfolio standard.
Based on the 2016 IWG SCC estimates using the 2.5%, 3%, and 5% discount rates.
Senate Bill 100, the 100 Percent Clean Energy Act of 2018
- Available at https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180SB100 ↩︎
- CPUC, SB 100 Joint Agency Report: Charting a path to a 100% Clean Energy Future (March 2021), file:///Users/ilianapaul/Box/Policy%20Integrity/Projects/SCC/Website/TN237167_20210315T110256_2021%20SB%20100%20Joint%20Agency%20Report.pdf ↩︎
Feedback? Please email [email protected].