Study: State Collaboration Can Bring Carbon Reduction Costs Down
The Pittsburgh Post-Gazette reports that “meeting federal carbon emission targets will be a lot cheaper if Pennsylvania teams up with other states, a new analysis by the nation’s largest grid operator found.”
“PJM Interconnection — the Valley Forge, Pa., organization that manages the flow of electricity in 13 northeastern states and the District of Columbia — released preliminary results of the study showing how much it would cost its constituent states to comply with the Clean Power Plan proposed by the Environmental Protection Agency earlier this year.”
“The EPA standards aim to cut carbon emissions from power plants by 30 percent from 2005 levels by 2030. States get to decide how they want to meet their individual targets and whether they would do it independently or as part of a regional cluster.”
“PJM’s analysis suggests the latter approach might be the way to go.”