A new story in Fierce Energy by Barbara Vergetis Lundin covered AEE's new analysis of the Clean Power Plan, Markets Drive Innovation: Why History Shows that the Clean Power Plan Will Stimulate a Robust Industry Response:
Market-based mechanisms likely to develop under the U.S. Environmental Protection Agency's (EPA) proposed Clean Power Plan (CPP) will spark an industry response that makes available a wide array of cost-competitive compliance options. That is according to an Advanced Energy Economy Institute (AEEI) report based on a review of prior EPA regulations that allowed for market-based compliance, such as emission reduction credit trading.
In every case, AEE Institute contends, an efficient and active market developed rapidly in response to a regulatory signal.