Market Design
Market-Based Approaches to Decarbonization

Brattle experts have advised government regulators and system operators on the effective design and implementation of carbon policies into wholesale competitive markets. Our work considers the economic principles underpinning good policy design, the existing system, and the political realities. In particular, we have supported clients regarding the proposed Clean Power Plan rulemaking, AB32 in California, the Regional Greenhouse Gas Initiative (RGGI), and initiatives to incorporate decarbonization goals into wholesale market design. We have worked with market participants to identify the effect such policies might have on operations, risks, and asset valuations.