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I learned an important lesson, carbon tax and carbon pricing are two entirely different concepts

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Thanks to all the discussion on Energy Central, which caused me to conduct further research, I now understand the difference between a carbon tax, as proposed by Senate Bill 2284 and carbon pricing of electricity as proposed by NYISO. These are significantly different concepts in that a "carbon tax" would apply to all fossil fuels in use across the nation (S.2284) versus the NYISO proposal which incorporates "carbon pricing" into wholesale electricity markets, with no application to other areas, like gasoline used for cars. I found this discussion insightful and worthwhile in helping me to understand the differences.

Richard Brooks's picture

Thank Richard for the Post!

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Matt Chester's picture
Matt Chester on Dec 10, 2019 5:28 pm GMT

It was a great discussion, and it warms me up inside seeing earnest discussion and learning going on within our community! Truth be told, though, with so many incredibly insightful and experienced people who are Energy Central members, it's really not hard to learn something new from them every day :)

Richard Brooks's picture
Richard Brooks on Dec 10, 2019 6:29 pm GMT

Totally agree, Matt. I'm amazed by, and thankful for, the Energy Central community. I seriously doubt I would have researched the differences between a "carbon tax" and "carbon pricing" without the Energy Central discussion. I only wish some "Carbon Tax" and "Carbon Pricing" experts would have weighed-in on the discussion. I know, from my own experience, it can be quite intimidating to "stand under the arch" and defend your work.

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