Join
Search

Posts Tagged ‘carbon price’

Modest Carbon Price Will Significantly Lower Power Sector Emissions

Part three of a three-part blog series.

Last week some colleagues and I published an article in the Electricity Journal showing that almost 60 gigawatts (GW) of coal-fired generators could be candidates for closure based on their poor economic profile relative to competing cleaner options like natural gas and wind. We also found that a modest carbon price of $20/ton of CO2 would more than double that figure to nearly 138 GW, reducing CO2 emissions by up to 745.7 million tons. You can read more about our analysis here and in blog posts by my colleagues Jeff Deyette and Steve Clemmer. Read More

Bookmark and Share

California’s First Carbon Auction Generates Nearly $300 Million in Revenues

California recently held its first auction for carbon allowances, the launch of the cap-and-trade program that is part of its Global Warming Solutions Act (AB32). My colleague, Jasmin Ansar, offered some early commentary on the auction and I recently circled back with her to get an update on how it went. Read More

Bookmark and Share