- Oct 6, 2020 8:31 pm GMT
In addition to pitching his idea for a net carbon tax to the Federal Energy Regulatory Commission last week, New England ISO Gordon van Welie pitched it to a New England business group, too.
van Welie explained to the New England Business Council why a net carbon tax won't significantly increase the cost of electricity in the region. He also explained why he thinks a carbon tax is necessary, saying that having traditional resources sell the power they generate through a wholesale market while New England states increase the amount of renewable resources they purchase directly eventually will lead to some traditional resources being driven out of business, leaving the area without the stable resources needed to provide power when variable renewables can't.
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