Sec. 40418. Report on costs of carbon abatement in the electricity sector
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/bill/117/hr/3684/enr/section-40418·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 270 days after the date of enactment of this Act, the Administrator shall submit to Congress a report on— the potential use of levelized cost of carbon abatement or a similar metric in analyzing generators of electricity, including an identification of limitations and appropriate uses of the metric; the feasibility and impact of incorporating levelized cost of carbon abatement in long-term forecasts— to compare technical approaches and understand real-time changes in fossil-fuel and nuclear dispatch; to compare the system-level costs of technology options to reduce emissions; and to compare the costs of policy options, including current policies, regarding valid and verifiable reductions and removals of carbon; and a potential process to measure carbon dioxide emissions intensity per unit of output production for a range of— energy sources; sectors; and geographic regions; and a corresponding process to provide an empirical framework for reporting the status and costs of carbon dioxide reduction relative to specified goals.