The Economic Costs and Benefits of Implementing the Clean Power Plan
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Wharton Public Policy Initiative Issue Briefs
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energy policy
EPA
Clean Power Plan
cost efficiency
emissions
carbon
natural gas
electricity
CO2
best available technology
BAT
Energy Policy
Environmental Studies
Infrastructure
Other Economics
Public Economics
Public Policy
Regional Economics
EPA
Clean Power Plan
cost efficiency
emissions
carbon
natural gas
electricity
CO2
best available technology
BAT
Energy Policy
Environmental Studies
Infrastructure
Other Economics
Public Economics
Public Policy
Regional Economics
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The Economic Costs and Benefits of Implementing the Clean Power Plan (https://publicpolicy.wharton.upenn.edu/issue-brief/v4n8.php)
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This brief looks at the costs of implementing the EPA’s Clean Power Plan. Specifically, it examines whether implementing the CPP on a state-by-state basis—that is, with each state meeting its own individual target for emissions reduction by 2030, rather than establishing regional targets—is economically efficient. The economic analysis uses data from electricity-generating firms participating in the Pennsylvania-New Jersey-Maryland (PJM) Interconnection to examine the relative economic efficiency of regional versus state-by-state implementation of the CPP. The research indicates that state-by-state implementation would yield the lowest electricity prices in 2030.
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2016-11-01