{"id":15611,"date":"2024-09-30T09:50:35","date_gmt":"2024-09-30T14:50:35","guid":{"rendered":"https:\/\/uwm.edu\/business\/?post_type=tribe_events&p=15611"},"modified":"2024-09-30T09:50:35","modified_gmt":"2024-09-30T14:50:35","slug":"the-state-and-local","status":"publish","type":"tribe_events","link":"https:\/\/uwm.edu\/business\/event\/the-state-and-local\/","title":{"rendered":"The State and Local Cost of Net Zero"},"content":{"rendered":"

Part of the Lubar Research Seminar Series<\/em><\/p>\n

Speaker:\u00a0<\/strong><\/em>Peter Iliev,\u00a0 Penn State University<\/strong><\/p>\n

We examine the economic effects of mandates to consume renewable energy and clean energy. U.S. state governments that adopt Renewable Portfolio Standards (RPS) see an increase in bond yields and a decrease in credit ratings. The higher cost of funding is concentrated in areas with high electricity prices. However, we observe opposite results when states introduce Clean Energy Standards (CES) that are more inclusive of a diverse group of energy sources. These results are robust in primary and secondary market transactions and extend to local municipalities and school district funding. Overall, our results highlight the costs to taxpayers of renewable and clean energy commitments.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Part of the Lubar Research Seminar Series Speaker:\u00a0Peter Iliev,\u00a0 Penn State University We examine the economic effects of mandates to consume renewable energy and clean energy. U.S. state governments that adopt Renewable Portfolio Standards (RPS) see an increase in bond …<\/p>\n","protected":false},"author":82,"featured_media":0,"template":"","meta":{"_tribe_events_status":"","_tribe_events_status_reason":"","_tribe_events_is_hybrid":"","_tribe_events_is_virtual":"","_tribe_events_virtual_video_source":"","_tribe_events_virtual_embed_video":"","_tribe_events_virtual_linked_button_text":"","_tribe_events_virtual_linked_button":"","_tribe_events_virtual_show_embed_at":"","_tribe_events_virtual_show_embed_to":[],"_tribe_events_virtual_show_on_event":"","_tribe_events_virtual_show_on_views":"","_tribe_events_virtual_url":"","footnotes":"","uwm_wg_additional_authors":[]},"tags":[],"tribe_events_cat":[63],"class_list":["post-15611","tribe_events","type-tribe_events","status-publish","hentry","tribe_events_cat-research-seminar-series","cat_research-seminar-series"],"yoast_head":"\nLubar College of Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/business\/event\/the-state-and-local\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The State and Local Cost of Net Zero\" \/>\n<meta property=\"og:description\" content=\"Part of the Lubar Research Seminar Series Speaker:\u00a0Peter Iliev,\u00a0 Penn State University We examine the economic effects of mandates to consume renewable energy and clean energy. 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