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Utility Dive | Carbon price could allay ‘astounding’ cost to attain New York’s zero carbon target: report
The cost to comply with New York's landmark carbon legislation is an "astounding number" that was so high that it was left it out of the final analysis for fear it would be a distraction, according to the report's author. Regardless, they say, placing a price on carbon will cut the cost. "If New York doesn't put a price on carbon, it is missing out [on] an opportunity to have its markets really harnessed and pushing for the goal," Sue Tierney, Analysis Group senior advisor and co-author of the ISO's carbon pricing analysis, told Utility Dive.
Read more at Utility Dive: Carbon price could allay ‘astounding’ cost to attain New York’s zero carbon target: report