Recently WSPA retained a NERA Economic Associate Director to predict allowance prices, household costs, and energy-intensive sector output impacts for the Climate Commitment Act. No model should be treated as usefully predictive when it does not provide sufficient...
Kevin Tempest, Low Carbon Prosperity Institute This technical memo presents modelled jobs and other benefits from investments through 2030 that could be catalyzed by revenue from Substitute Senate Bill 5126 (SB5126), the Climate Commitment Act. In this technical...
In Part 1, I revisited some of the key findings from the influential study by Lara Cushing and Rachel Morello-Frosch et al. (Carbon trading, co-pollutants, and environmental equity: Evidence from California’s cap-and-trade program (2011-2015)) In this Part 2, I...
Likely the most widely-cited and influential analysis of California’s pollution-equity trends in the first several years of its Cap-and-Invest program is a 2018 paper led by Lara Cushing and Rachel Morello-Frosch titled Carbon trading, co-pollutants, and environmental...
Observations and perspective on the effect of the cost cap provision on carbon and rate outcomes in reaching 100% GHG-free electricity by 2045. Summary The 100% Clean Electricity bill (SB 5116) includes a cost cap intended to limit the risk of rate increases to...