Discussion Electric power sector 2013

On October 22, 2012, Thomas W. Malone, John Sterman, Jason Jay, and Robert Laubacher of MIT led a Sloan Innovation Period (SIP) class entitled “The Climate CoLab: Working with People from All Over the World to Address Climate Change.” In the class, students generated a series of initial ideas for selected Climate CoLab contests, voted on the ones they liked best, and then created proposals in the CoLab based on the top-ranked ideas. The initial ideas generated for the “Decarbonizing energy supply” contest were: - Law requiring utility companies to include environmental costs in their electricity prices - Tax credits for consumer or institutional adoption of alternative energy - Highly publicized zero carbon day - Reports to consumers, designed to promote competition between regions, ranking utilities on their alternative energy use The pricing idea served as the basis for a draft proposal submitted by the students, Law for utility companies to include environment cost in energy price: https://www.climatecolab.org/web/guest/plans/-/plans/contestId/10/planId/1000602