Carbon Pricing on Electricity is Bad for Consumers and could slow EV adoption
- Jan 24, 2020 4:38 pm GMT
There has been considerable chatter on the topic of carbon pricing (taxes) on electricity filling the airwaves and cyberspace. The New York ISO Carbon Pricing proposal to apply a carbon pricing “tax” on electricity is receiving “astro-turf” support from some economists who stand to benefit by supporting the proposal. I'm reminded of the unintended consequences that played out in the movie King Kong as I write this article. Let’s be perfectly clear, carbon pricing of electricity, as proposed by NYISO, is bad for consumers, it’s bad for electricity generators who are counting on EV sales to increase electricity consumption and it’s bad for the environment, here’s why.
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.