National economy-wide carbon price preferable to sector-specific approaches -PJM

Published 22:15 on October 16, 2019  /  Last updated at 00:22 on October 17, 2019  / /  Americas, US

An economy-wide CO2 price in the US would help prevent against emissions leakage versus sub-national and sector-specific initiatives, while Congressional action would be needed to clarify if federal law will allow for a power sector carbon charge, according to wholesale grid operator PJM.
An economy-wide CO2 price in the US would help prevent against emissions leakage versus sub-national and sector-specific initiatives, while Congressional action would be needed to clarify if federal law will allow for a power sector carbon charge, according to wholesale grid operator PJM.


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