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Analyzing the Bingaman Utility-Only Draft Bill « The Washington Independent

Jul 31, 2020
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Here’s a quick tour of a PowerPoint analysisobtained by TWI on Sen. Jeff Bingaman’s (D-N.M.) utility-only discussion draft, created with input from the staff of Sen. Olympia Snowe (R-Maine).
As projected, the bill would cut carbon dioxide emissions from the power sector by around 50 percent by 2035, as compared with the business-as-usual baseline:
The bill would raise more than $80 billion annually by 2035:
Renewable generation would increase significantly beyond a business-as-usual scenario:
Nuclear power generation would also increase:
But, highlighting one reason for utility opposition to such a proposal, coal generation would decrease significantly:
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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