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January 04, 2015
Jürgen Weiss Featured in Climate Change Business Journal Discussing Clean Power Plan Compliance

Brattle principal Jürgen Weiss was recently featured in the Climate Change Business Journal discussing how Clean Power Plan (CPP) compliance strategies based on renewable power will be integrated with renewable energy credit (REC) markets.

Dr. Weiss illustrates this issue with the example of the Northeast, where state renewable portfolio standards (RPS) are not integrated with the Regional Greenhouse Gas Initiative (RGGI) cap and trade regime for power plants. Therefore the state RPS systems create incentives to build more or less renewable generation in a given state, which impacts the generation mix and the carbon emissions in the region as a whole.

Dr. Weiss believes the regional system will likely always result in cross subsidies. In the article, he says, “There have long been spillover effects from one state onto others, even though most energy regulation is and will remain at the state level.”

To read the entire article, please download using the link below.