Undergraduate Honors Thesis
Evaluation of the Clean Energy Standard Act of 2012 Public Deposited
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https://scholar.colorado.edu/concern/undergraduate_honors_theses/b8515n84c
- Abstract
- The Clean Energy Standard Act of 2012 (CESA-12) was introduced to reduce carbon dioxide (CO2) emissions and promote the use of renewable energy in the electricity sector. The legislation contains two separate policy mechanisms to achieve its goals: a generation requirement that specified technology distributions, and a carbon emission intensity requirement. The carbon intensity aspect of the bill is a novel approach for addressing carbon emissions produced from electricity generation, though similar schemes have already been implemented in the transportation sector. This paper finds that the bill acts as a Renewable Portfolio Standard (RPS) for the first ten years of its life, and then acts as a hybrid RPS-carbon intensity standard for the remainder, based on current generation distribution projections. When the carbon intensity requirements are isolated using historical data, CESA-12 generally reduces carbon emissions, though does so at the cost of simultaneously reducing social welfare.
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- Date Awarded
- 2012-05-01
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- Last Modified
- 2019-12-02
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Thumbnail | Title | Date Uploaded | Visibility | Actions |
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evaluationOfTheCleanEnergyStandardActOf2012.pdf | 2019-11-19 | Public | Download |