The Cost of Climate Pollution

California Public Utilities Commission Uses SCC to Show Benefits of Different Scenarios

ECalifornia Electric Power Sector Internal Guidance March 2021

• Application

  Avoided social costs of different emissions reduction scenarios.

• Date

  March 2021

• Details

  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.

• SCC Value(s)

  Based on the 2016 IWG SCC estimates using the 2.5%, 3%, and 5% discount rates.

• Legal Authority

  Senate Bill 100, the 100 Percent Clean Energy Act of 2018

1. Available at https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201720180SB100 ↩︎
2. 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 ↩︎

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