Abstract
This paper estimates the price-induced impacts of decarbonization policy on CO₂ emissions in California and the Pacific Northwest. We document that retail demands for electricity and natural gas by customer class are highly price-inelastic. Based on the heat rates of natural-gas-fired generation, we find that a 10% electricity rate increase due to electricity decarbonization may not have the consumption effects of further reducing the region's CO₂ emissions. Copyright © 2017 Elsevier Inc. All rights reserved.
| Original language | English |
|---|---|
| Pages (from-to) | 44-49 |
| Journal | The Electricity Journal |
| Volume | 30 |
| Issue number | 10 |
| Early online date | Nov 2017 |
| DOIs | |
| Publication status | Published - Dec 2017 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 13 Climate Action
Keywords
- Consumption effects
- Electricity decarbonization
- California
- Pacific Northwest
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