Energy Policy
Policy Categories
How do we make changes to our energy system? Laws, institutions, and markets set the rules for energy usage.
- Targets
- Regulatory Approaches
- Market Incentives / Subsidies
- Market Disincentives / Taxes / Penalties
- Standards
- Social Transitions
- Knowledge generation and dissemination
Targets and Planning
- Green New Deal
- CA AB 32 2020 GHG levels at 1990 levels
- CA 2050 goal 80% reduction from 1990 level
- Paris Agreement asks countries to set targets
Direct and Indirect Subsidies
Subsidies are financial benefits to consumers of a product. In the case of energy they can be costs that didn’t have to be paid or a direct payment from the government.
Fossil Fuels
- Intangible Drilling Costs Deduction. We provide tax deductions for oil exploration costs.
- Social cost of carbon. These are costs we estimate are borne by the public but are not paid for by fossil fuel companies or consumers.
Solar
- Federal tax credit for solar panel installation
- Renewable electricity production credit
Penalties
Carbon Taxes are money spent for the right to release carbon.
- California Market
- Northeast US Carbon Market
- Canada Carbon Price
Regulations
- California Title 24 Building Codes
Standards
- Energy Star Appliances