This rule might or might not survive, so this study is relevant to important upcoming decisions. Sally Robson, Ethan Russell, and I participated in the study using our detailed E4ST power sector model.
New research alert!๐ฃ๐ฅ
A study in @ScienceMagazine finds that EPA's 2024 rules limiting emissions from power plants could reduce power-sector emissions by 74-86% by 2040.
Coal-fired plants also retire faster, which benefits public health. ๏ฟฝ๏ฟฝ๏ฟฝ๏ฟฝ
https://t.co/j6u8Hfj9kN
#OffShoreWind creates much larger benefits than costs, according to new RFF modeling.๐ข
Atlantic & Gulf offshore wind farms will reduce emissions and energy billsโthey'll also reduce air pollution deaths, esp. in the NYC area & among the disadvantaged.๐
https://t.co/PcBhXOQtKc
There are other possible policies that are more effective, less costly, or both. For instance, emitters could be charged the estimated value of the harm they cause to EO DACs (or everywhere), to achieve large benefits to EO DACs at low cost. Study: https://t.co/vYJYEm4yZ2 17/17
Which policies for the #electricity sector might be best at improving #AirQuality in disadvantaged communities? ๐ค๏ธ๐๏ธ
In a new paper, @D_Shawhan, Sally Robson, Ethan Russel, and Ana Valera Valera, use the E4ST model to get at this question.
Learn more! ๐
https://t.co/dVkW1kYl5X
All these policies could be made more stringent or less stringent. For example, the CO2 price could be higher, causing it to prevent more deaths and cost more. 16/17
There are other possible policies that are more effective, less costly, or both. For instance, emitters could be charged the estimated value of the harm they cause to EO DACs (or everywhere), to achieve large benefits to EO DACs at low cost. Study: https://t.co/ObqMWjvu24 17/17
The paper also estimates ground-level ozone and climate change effects of the policies and provides a benefit-cost analysis. Particulate, ozone, and climate effects account for most expected deaths from power plants, but the policies have other effects we do not estimate. 15/17