Modest Carbon Fees Can Achieve Short-Term Emissions Reductions

Modest Carbon Fees Can Achieve Short-Term Emissions Reductions: EIA

Even modest carbon fees can facilitate emissions reductions in the short term, especially in the power sector where natural gas and renewables supplant coal, according to a March 17 report from the U.S. Energy Information Administration. However, once the emissions level linked to coal consumption is reached, the remaining gas- and petroleum-related emissions are harder…...