The American Wind Energy Association (AWEA) applauded the New York
Independent System Operator’s (NYISO) proposal to incorporate the social
cost of carbon into the wholesale price of electricity. Today, NYISO
released a new study
which concludes that, “A carbon price in NYISO’s competitive wholesale
power markets can help deliver New York’s clean-energy transition in
faster, cheaper, more reliable, more efficient, and more creative ways.”
“The New York Independent System Operator’s thoughtful carbon pricing
proposal would cut power sector greenhouse gas emissions and bring
significant consumer benefits, renewable energy jobs, and major new
investments to New York State,” said Tom Kiernan, CEO, AWEA. “We
urge Governor Cuomo and the New York State legislature to closely
review NYISO’s program because it would, if implemented, position the
state to cost-effectively achieve its 100 percent carbon-free
electricity goal by 2040.”
