New Jersey Energy Master Plan Uses SCC to Show Benefits from Reducing Emissions
Energy Master Plan
The New Jersey Energy Master Plan estimates that the benefits from reducing greenhouse gas emissions per the Plan would amount to between $4 billion and $6 billion dollars, depending on which value of the SCC is used.1
$42 - $69/ton, based on the IWG SCC at the 3% discount rate.
New Jersey Energy Master Plan2
- State of New Jersey, 2019 Energy Master Plan at 51 (2019), available at https://nj.gov/emp/docs/pdf/2020_NJBPU_EMP.pdf. ↩︎
- Available at https://nj.gov/emp/docs/pdf/2020_NJBPU_EMP.pdf. ↩︎
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