Full Title: Meeting the Challenge: Scenarios for Decarbonizing New York’s Economy
Author(s): Guidehouse
Publisher(s): Guidehouse
Publication Date: March 29, 2021
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Description (excerpt):
New York State’s Climate Leadership and Community Protection Act (CLCPA), passed in 2019, is among the most rigorous climate plans of any major economy. The intention of the act is to address climate change by reducing greenhouse gas (GHG) emissions, resulting in more sustainable and resilient communities. The act presents questions around pathways for achieving targets and the impact to the state’s energy utilities and power generators.
In a report for National Fuel Gas Distribution Corporation, Guidehouse evaluated three potential scenarios for meeting the state’s 2050 GHG reduction goals. Each of the scenarios considered the interplay of electrification and low carbon gas adoption and was evaluated using Guidehouse’s Low Carbon Pathways (LCP) analytical model. This model determines the least-cost combination of technologies to achieve a GHG emissions reduction target, given the constraints of each modeled scenario.
The analysis showed that there are various pathways to achieve the CLCPA’s goals, but that a selective electrification scenario provides unique benefits.