EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit
Green Car Congress
APRIL 30, 2019
In contrast, the global experiences from carbon markets and taxes make clear that much less expensive ways to reduce CO 2 are available right now. However, these reduced emissions came at a high cost. The Obama Administration’s central estimate of the SCC would be approximately $50 per ton in today’s dollars. —Michael Greenstone.
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