NEWS
November 18, 2020
Joint NGSA CLNG Comments on FERC CWA NOPR
Read the full comments here.
Proposed Carbon Pricing Policy Statement an Important Signal, NGSA Tells FERC
(Washington, D.C.) – The Natural Gas Supply Association (NGSA) today filed comments at the Federal Energy Regulatory Commission (FERC) in support of the Commission’s Proposed Policy Statement on Carbon Pricing.
In its comments, NGSA commended FERC for taking action to consider how carbon pricing impacts wholesale electricity markets. NGSA also praised the Commission for clarifying its authority to approve carbon pricing proposals in organized markets. In addition to asking FERC to act on a final policy statement, NGSA encouraged FERC to build on its leadership on carbon pricing by actively engaging state policymakers.
Dena Wiggins, president and CEO of NGSA, said:
“FERC’s technical conference and proposed policy statement are critical steps to creating a climate conducive for state policymakers and regions to seriously consider adoption of sustainable market-based approaches, which will help them attain their long-term environmental policy objectives. FERC’s actions demonstrate that it understands that states require an effective avenue to implement state carbon policies in alignment with competitive wholesale markets and their benefits for consumers. Carbon pricing achieves deeper emissions reductions at a lower cost than many of the prescriptive policies used today, all because it provides the right incentives for both energy consumers and producers. ”
Read NGSA’s comments here. NGSA announced its support for carbon pricing in 2019: for more information about NGSA’s approach to carbon pricing, please visit here.