Projected Effects of the Clean Energy Standard Act of 2019

Paul Picciano, Kevin Rennert and Daniel Shawhan
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Paul Picciano: Resources for the Future
Kevin Rennert: Resources for the Future
Daniel Shawhan: Resources for the Future

No 19-03, RFF Issue Briefs from Resources for the Future

Abstract: On May 8, 2019, Sen. Tina Smith (D-MN) and Rep. Ben Ray Luján (D-NM) introduced the “Clean Energy Standard Act of 2019” (hereafter referred to as “the Act” or “the Policy”). Under the Act, suppliers of retail electricity would be required to account for a percentage of their retail sales as coming from sources that are “clean,” measured according to the amount of greenhouse gas emissions per unit of electricity generated. Under the Act, the nationally averaged percentage requirement for clean electricity increases from approximately 51 percent of retail sales in 2021 to approximately 77 percent in 2035 and approximately 96 percent in 2050.

Date: 2019-05-08
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Persistent link: https://EconPapers.repec.org/RePEc:rff:ibrief:ib-19-03

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