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Times Union | Commentary: Carbon pricing will fuel renewable energy transition

New York's economy could stand to gain more than $3 billion if the state's electric grid operator adopts a simple policy change: putting a price on carbon dioxide emissions from power plants.

This is the conclusion of a new study released by the New York Independent System Operator, which manages the state's electricity grid. The report details how carbon pricing in New York's energy markets is a cost-effective way for the state to hit its clean energy targets. NYISO's analysis makes a strong case for a carbon pricing policy, but support from state policymakers and Gov. Andrew Cuomo will likely be needed in order for the policy to move forward, unlocking billions in economic, environmental and public health benefits.

Read more at the Times Union: Commentary: Carbon pricing will fuel renewable energy transition