New York CO2 charge may trigger RGGI supply curbing mechanism -analysis

Published 22:50 on July 24, 2019  /  Last updated at 00:16 on July 26, 2019  /  Americas, Carbon Taxes, US  /  No Comments

The New York Independent System Operator’s (NYISO) planned imposition of a carbon adder in the state’s wholesale electricity market could trigger the northeast US RGGI ETS’ Emissions Containment Reserve (ECR) in the next decade as more low-carbon generation come online, analysts said Tuesday.

The New York Independent System Operator’s (NYISO) planned imposition of a carbon adder in its wholesale electricity market could trigger the northeast US RGGI ETS’ Emissions Containment Reserve (ECR) in the next decade as more low-carbon generation comes online, analysts said Tuesday.

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