Discuss the new york independent system operator

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Assignment:

This question refers to our discussion of the New York Independent System Operator (NYISO)'s carbon-pricing proposal to reduce carbon intensive electricity generation in anticipation of future clean energy goals of the state. Imagine yourself as a young economist in the world of economic consulting and that you are required to analyze the proposal on the cost-benefit basis. How would you proceed with conducting a proper benefit-cost analysis for the proposed policy? What type(s) of economic approach(es) would you use to quantify the benefits and costs associated with the proposal?

Reference no: EM133466770

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