Full Title: Market Oversight Under the Clean Power Plan
Author(s): Center for Energy and Climate Solutions
Publisher(s): Center for Energy and Climate Solutions
Publication Date: February 1, 2016
Full Text: Download Resource
Description (excerpt):
Carbon markets, like other commodities markets, require provisions to ensure that the market functions effectively and is not manipulated by some participants. Regulators conduct oversight to ensure that buyers can procure carbon credits when needed at a price that reflects the cost of reducing emissions and buyers’ risk tolerance. By making sure that buyers only pay a fair and transparent price, regulators help protect consumers from overpaying for cleaner electricity. This fact sheet investigates the options and implications of potential market oversight provisions that might be useful as states consider implementing the Clean Power Plan.