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Carbon pricing proposal in New York provides path to nation's clean energy future
The Hill ^ | 02 04 2020 | Richard J. Dewey

Posted on 02/04/2020 7:24:41 AM PST by yesthatjallen

Across the country, policymakers at all levels of government are exploring initiatives to address climate change. New York State’s Climate Leadership and Community Protection Act remains one of the most ambitious, with its requirement that “the statewide electrical demand system will be zero emissions” by 2040.

So how do we get to a zero-emission system? The New York Independent System Operator (NYISO) is working on a market enhancement that could not only help lead New York to success, but could also serve as a model for the nation to reduce greenhouse gas emissions.

Our proposal is to incorporate the social cost of carbon dioxide emissions into New York’s wholesale electricity markets, commonly referred to as carbon pricing.

SNIP

Carbon pricing puts a price per ton on carbon dioxide emissions, which would be paid by carbon-emitting generators such as fossil-fuel-burning plants. The effect would promote clean energy generation and encourage dirtier generators to close or invest in more efficient technology and reduce their carbon output.

Here’s how it works:

The state sets the carbon price, a certain amount per ton of CO2 being emitted.

About half of the revenue goes to low-carbon or carbon-free resources like wind, solar and hydro.

The rest would be distributed back to consumers.

SNIP

(Excerpt) Read more at thehill.com ...


TOPICS: News/Current Events; US: New York
KEYWORDS: carbon; carbontax; co2; globalwarminghoax; greenenergy; greennewdeal; newyork; newyorkcity
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A new term for increasing taxes and fees: "Market Enhancement"

'Cap and Trade' is so Al Gore.

1 posted on 02/04/2020 7:24:41 AM PST by yesthatjallen
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To: yesthatjallen

“How do we fix this?”

“We should tax it!”

“And if that doesn’t work?”

“We didn’t tax it enough.”


2 posted on 02/04/2020 7:26:58 AM PST by Rurudyne (Standup Philosopher)
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To: yesthatjallen
What a complete load of propaganda. Welcome to Socialism and 1984.

We are your Overlords and your well being is our number one priority. /s

3 posted on 02/04/2020 7:29:32 AM PST by Thommas (The snout of the camel is in the tent..)
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To: yesthatjallen
There are four parts to the program, not three. I missed the second:

The state sets the carbon price, a certain amount per ton of CO2 being emitted.

* Carbon-emitting power plants pay for the carbon they release into the atmosphere.

About half of the revenue goes to low-carbon or carbon-free resources like wind, solar and hydro.

The rest would be distributed back to consumers.

4 posted on 02/04/2020 7:31:19 AM PST by yesthatjallen
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To: yesthatjallen
The rest would be distributed back to consumers.

Which will be not one dime.

5 posted on 02/04/2020 7:31:43 AM PST by facedown (Armed in the Heartland)
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To: All

If we didn’t know these were honorable people we might conclude they were just using this BS to tax everyone. /s


6 posted on 02/04/2020 7:32:05 AM PST by gibsonguy
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To: yesthatjallen

New Yorkers will soon be freezing in the dark.


7 posted on 02/04/2020 7:32:57 AM PST by 2banana (My common ground with islamic terrorists - they want to die for allah and we want to kill them.)
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To: yesthatjallen

I’m buying a new woodstove without all the emissions crap as soon as they roll off the assembly line now that Trump reversed the mandates.


8 posted on 02/04/2020 7:33:03 AM PST by 1Old Pro
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To: yesthatjallen
About half of the revenue goes to low-carbon or carbon-free resources like wind, solar and hydro.

I smell kickbacks.
9 posted on 02/04/2020 7:34:07 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: yesthatjallen

It’s a scam to provide more wealth for the scammers.
That’s all.

It will have no effect on the climate at all.


10 posted on 02/04/2020 7:34:50 AM PST by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: yesthatjallen
...the statewide electrical demand system will be zero emissions by 2040

YET, the "social cost of carbon dioxide emissions" just "promotes clean energy generation and encourage dirtier generators to close or invest in more efficient technology and reduce their carbon output."

It doesn't outlaw fossil generation. Because there is NO WAY on God's green earth that renewables can replace fossil fuels, they will continue in the mix and be outrageously expensive. They LIE when they say they will be "zero emissions" in 20 years. It's a huge lie.

And them claiming they are going to "refund" the extra money collected to the people? Oh, come on.

11 posted on 02/04/2020 7:37:24 AM PST by ProtectOurFreedom
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To: Lurkinanloomin

It will have no effect on the climate, since our sun controls our climates. Man has not yet learned how to control the sun.


12 posted on 02/04/2020 7:39:32 AM PST by abclily
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To: Army Air Corps
I smell kickbacks.

Kickbacks? No, they're 'enhancing the market'.

13 posted on 02/04/2020 7:39:33 AM PST by yesthatjallen
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To: yesthatjallen

It’s a scam to impoverish farmers.


14 posted on 02/04/2020 7:40:16 AM PST by Salman
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To: yesthatjallen
Across the country, policymakers at all levels of government are exploring initiatives to address climate change tax the population even more.

There. Fixed it.

15 posted on 02/04/2020 7:42:12 AM PST by libertylover (Democrats hated Lincoln too.)
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To: yesthatjallen

“the statewide electrical demand system will be zero emissions” by 2040.”

Stop the madness! Just immediately cut off all “carbon”/oil derivatives to New York and they can have their holy grail of “zero emissions” tomorrow.


16 posted on 02/04/2020 7:42:33 AM PST by Bonemaker (invictus maneo)
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To: yesthatjallen

The global warming hoax - Follow the money

17 posted on 02/04/2020 7:43:26 AM PST by from occupied ga (Your government is your most dangerous enemy)
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To: libertylover
Across the country, policymakers at all levels of government are exploring initiatives to address climate change tax the population even more. There. Fixed it.

PROVING without a doubt, the ONLY thing this climate change crap is about is taxing more to redistribute wealth.

18 posted on 02/04/2020 7:43:31 AM PST by 1Old Pro
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To: yesthatjallen
"About half of the revenue goes to low-carbon or carbon-free resources connected to Democrat politicians and their family members like wind, solar and hydro.

The rest would be distributed back to the coffers of the DNC."

Fixed it.

19 posted on 02/04/2020 7:43:46 AM PST by Tench_Coxe
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To: yesthatjallen

About half of the revenue goes to low-carbon or carbon-free resources like wind, solar and hydro.

The rest would be distributed back to consumers.
***************
“Consumers”= Al Gore and other Deep State globalists.

Shhhhhhh...the Useful Idiots aren’t supposed to know this.


20 posted on 02/04/2020 7:44:16 AM PST by Yulee
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