The earliest that New York ISO could implement a carbon pricing proposal is the second quarter of 2021, the grid operator said in a statement this week.
The ISO also said it will consider steps to ensure resources eligible for renewable energy credits (RECs) are not compensated twice, following concerns about double-charging from a group of large customers.
The ISO is considering a straw proposal that calls for subjecting all suppliers inside the market to carbon charges, while rules would be developed to ensure imports and exports compete fairly as well.
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