The Effect of Climate Change Mitigating Policy on Electricity Prices
Climate Change has been a hot topic in recent years. Debate on what government policy should be implemented, if any, is heated and usually ends with no compromise. My team and I decided to search for the answer to one of the many claims of climate change mitigating policy: Enforcing climate change mitigation policy will increase energy prices, specifically electricity prices. So how much does climate change mitigating policy change electricity prices?
We not only answered that question but created a proposal to congress on the proper steps to take to combat climate change, while at the same time keeping energy prices on a leash. Keep in mind this was specifically designed as a policy memo for congress, so it’s oddly formatted and can be difficult to read, but is designed to be direct and concise.