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

California Electricity Consumption