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Greenstone, Michael; Nath, Ishan (2020): Do Renewable Portfolio Standards Deliver Cost-Effective Carbon Abatement?

Greenstone, Michael; Nath, Ishan (2020): Do Renewable Portfolio Standards Deliver Cost-Effective Carbon Abatement? BFI Working Paper. Becker Friedman Institute.

"Using the most comprehensive data set ever compiled and a difference-in-differences style research design, we find that electricity prices are 11% higher seven years after RPS passage, largely due to indirect grid integration costs (e.g., transmission and intermittency). On the benefit side, carbon emissions are 10-25% lower."

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