Analyzing the Bingaman Utility-Only Draft Bill « The Washington Independent
Jul 31, 2020172.8K Shares6.6M Views
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
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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.
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