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World Economic Forum | Putting a price on carbon will help New York state achieve a clean energy future

New York State, the 11th-largest economy in the world, recently enacted the US’ most aggressive climate change legislation. By 2040, according to the new law, the state must get all of its electricity from zero-emission sources.

How does a state of 19.8 million citizens, which in 2018 generated more than 40% of its energy from fossil fuels, reach zero emissions in only two decades? A carbon-pricing proposal from the New York Independent System Operator (NYISO) can play a significant role - as new research by the Analysis Group has concluded.

Read more from the World Economic Forum: Putting a price on carbon will help New York state achieve a clean energy future