With the Energy Future Coalition, DGA released a report outlining a comprehensive approach to setting clean energy standards for the electricity sector. The report states that both an EERS and an RES can reduce the costs of a carbon cap, basically returning wholesale electricity prices in 2025 to where they would be without any cap in place. The current congressional strategy of combining energy and climate legislation in one bill provides a golden opportunity to recognize the beneficial synergies of a comprehensive “Three Pillars” approach that would establish the price signal needed to begin the transformation to a low-carbon economy.
To read the entire report, please click here.
