Former FERC Chairman Joseph Kelliher Suggests Local Market Trading to set Price on Carbon Would Offset Impacts of Clean Power Plan

摘要

In comments filed on March 11 addressing the implications of the Environmental Protection Agency’s (EPA) proposed Clean Power Plan (CPP) on electric reliability, wholesale electric markets and operations, and energy infrastructure in the Eastern Region, former FERC Chairman Joseph Kelliher, now an executive vice president, federal regulatory affairs, at NextEra Energy, Inc., expressed the opinion that establishment of a price on carbon along with a trading regime “would be the most efficient way” to implement the Clean Power Plan in FERC jurisdictional RTO/ISO markets. How RTO/ISO markets implement the plan in those markets will determine the impacts surely, but Kelliher asserted that if states in the RTO/ISO regions adopted approaches that put a price on carbon and rely on carbon trading, “the CPP should have no major implications for those markets.”