Focuses on data and information on the evolving initiatives that put a price on carbon, in terms of their most current status and emerging trends.
Established a platform for governmental cooperation on Carbon Pricing in the Americas and a working group with the purpose of providing a knowledge-sharing forum.
Summarizes global progress in implementing carbon cap and tax schemes.
Allowed utilities to recover costs of financing nuclear plant construction if approved by the PSC.
Would have directed the New York State Power Authority to purchase the FitzPatrick plant as caretaker owner and retain the plant long term.
Reviews advanced cost recovery programs, legal challenges, and proposes to create incentives for nuclear projects through an increased allowable rate of return on advanced cost recovery, while protecting ratepayers through more stringent cost review.
Contained a provision requiring the state to study if nuclear energy should be added to the Renewable Portfolio Standard.
Required the state to conduct an appraisal of nuclear power-generating facilities and solicit bids for zero-carbon electricity-generating resources.
Would require Pennsylvania’s electric utilities to buy 50 percent their power from generation sources included in a new Tier III of their Renewable Portfolio Standard, including both nuclear power and renewables.
Would have changed the definition of renewable energy to include certain types of nuclear reactors alongside other technologies, such as wind, solar and hydroelectric.