Full Title: Building Performance Standards: Lessons from Carbon Policy
Author(s): Véronique Bugnion, Karen Palmer
Publisher(s): Resources for the Future
Publication Date: October 29, 2020
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Description (excerpt):
This paper reviews the relevant design elements of carbon and environmental markets and explores how they could influence the design of BPS programs and carbon policy. Carbon and environmental markets have existed for more than three decades, giving policymakers experience with scope and target setting and the design of flexibility provisions. The paper also sketches out how the sector-specific BPS programs overlap and interact with existing cross-sectoral programs—state-level clean energy and renewable portfolio standards (RPS), the Regional Greenhouse Gas Initiative (RGGI), electricity markets, and transport electrification.