Is a carbon charge the answer to a decarbonized electric grid in New York?

By Michelle Froese A new report finds that adding a carbon charge into the wholesale energy market could improve New York’s ability to meet its decarbonization goals cost-effectively.
According to a new report, a carbon charge from New York Independent System Operator could help the state meet its decarbonization goals more cost-effectively.
Authored by economists at The Brattle Group and prepared for the New York Independent System Operator (NYISO), the study reveals that refunding collected carbon revenues back to customers results in minimal impact on customer electricity costs compared to current policies.
NYISO retained The Brattle Group to evaluate how pricing carbon emissions in NYISO’s generation

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