AWEA Comment on FERC Carbon Pricing Policy Statement
FERC’s move encourages states to continue considering carbon pricing in their electricity markets.
Washington, D.C. – The American Wind Energy Association (AWEA) today issued the following comment after the Federal Energy Regulatory Commission (FERC) put out a policy statement on state-determined carbon pricing in wholesale markets.
“AWEA applauds FERC for issuing a bipartisan policy statement related to its timely and pivotal recent technical conference on carbon pricing in organized markets. An overwhelming consensus emerged at the conference that carbon pricing in markets is a powerful and cost-effective tool to drive down emissions and achieve state policy goals, while preserving the benefits of competition. The policy statement reflects this consensus—acknowledging that state carbon pricing produces economic and environmental benefits and encouraging states and regions to explore establishing such rules in their markets. We look forward to working with the states and regions to develop carbon pricing proposals for FERC’s consideration that will allow competitive power markets to accommodate decarbonization goals at the lowest cost to consumers.” – Amy Farrell, AWEA Senior Vice President, Government and Public Affairs
AWEA is the national trade association for the U.S. wind industry, the largest source of renewable energy in the country. We represent 1,000 member companies, 120,000 jobs in the U.S. economy, and a nationwide workforce located across all 50 states. AWEA serves as a powerful voice for how wind works for America. Members include global leaders in wind power and energy development, turbine manufacturing, and component and service suppliers. They gather each year at the Western Hemisphere’s most efficient and targeted event for utility-scale renewable companies, the AWEA CLEANPOWER Conference & Exhibition, next in Indianapolis, June 7-10, 2021. An outgrowth of the AWEA WINDPOWER Conference & Exhibition, CLEANPOWER is the first trade show focused exclusively on the utility-scale renewable power sector, bringing together all the major developers, utilities, OEMs, suppliers and buyers under one roof. Visit AWEA’s website to learn more about the enormous economic benefits wind power brings to America and be sure to follow us on Facebook, Twitter, and LinkedIn.