New York carbon tax wants real time co2 emission data
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New York carbon tax wants real time co2 emission data

A really interesting report. New York wants the cost of electricity to include the carbon tax in it - but they want real time data to determine the true amount of emissions coming from the plant at the exact moment that the electricity is being produced. Since the electricity market is a constant process of generators bidding to buy electricity, these power plants will be placing bids with the carbon tax already integrated into pricing. This will have an affect on the economics of power plants. Very interesting. I think we owe the New York regulators some cred for giving…
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