This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.


Carbon Fees Could Lead to Substantially Lower Emissions

Harun Asad's picture
Sustainability/Impact Advisor & Author, Sustainability/Impact Advisory

Freelance author at Environmental Leader and former corporate sustainability manager for Con Edison.

  • Member since 2021
  • 67 items added with 31,328 views
  • Dec 2, 2021

Carbon Fees could lead to an increased reduction in emissions across industries, according to new analysis by the EIA.

The post Carbon Fees Could Lead to Substantially Lower Emissions appeared first on Environment + Energy Leader.

Matt Chester's picture
Matt Chester on Dec 2, 2021

I think there's little doubt that carbon fees would work to reduce emissions-- the real questions on the topic are surrounding 1) the political/logistical viability of ever getting such a policy on the books, and 2) the cost-effectiveness of carbon fees compared with alternative options (especially in looking who 'wins' and 'loses' in each scenario to minimize the regressive nature of any such fees)

Dr. Amal Khashab's picture
Dr. Amal Khashab on Dec 2, 2021

In my opinion, based upon the polluter pays principle, the carbon fee will result in a lumpsum budget. This could be used in implementing Carbon Capture and Storage projects in highly polluted areas.To minimize the payment, these sectors will tend to replace fossil fuels with cost-effective options. These options include renewable resources for electricity generation, electrification of the transportation sector, and hydrogen utilization in the industry sector.

Harun Asad's picture
Thank Harun for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »