| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28677 |
| 来源ID | Working Paper 28677 |
| Robust Decarbonization of the US Power Sector: Policy Options | |
| James H. Stock; Daniel N. Stuart | |
| 发表日期 | 2021-04-12 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | To reliably achieve deep decarbonization of the US power sector, a candidate policy must perform robustly across a range of possible future trajectories of demand, fossil fuel prices, and prices of new wind and solar capacity. Using a modified version of the NREL ReEDS model with scenarios that span different trajectories of demand, fuel prices, and technology costs, we find that some recently proposed policies can robustly achieve 80% decarbonization (relative to 2005 emissions) or more by 2035, but many do not. The two robustly successful policies are a tradeable performance standard (TPS) and a hybrid Clean Electricity Standard (CES) with a 100% clean target, partial crediting of gas generation, and a $40/mton CO2 alternative compliance payment (ACP) backstop. Both are nearly as cost effective as the emissions-equivalent efficient policy. A $40 carbon tax nearly achieves the robust 80% threshold and, in most scenarios, drives deep decarbonization. A 90% CES (without partial crediting) fails to achieve robust 2035 decarbonization because it need not drive coal out of the system. Simply extending renewable energy tax credits, which are set to expire, does not drive significant decarbonization in most scenarios, nor does relying on increased ambition in green-leaning states. |
| 主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Energy ; Environment |
| URL | https://www.nber.org/papers/w28677 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586350 |
| 推荐引用方式 GB/T 7714 | James H. Stock,Daniel N. Stuart. Robust Decarbonization of the US Power Sector: Policy Options. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28677.pdf（1953KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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