Pennsylvania Governor Proposes Carbon-Pricing Plan

Gov. Josh Shapiro's initiative aims to reduce greenhouse gas emissions by making power plants pay and increasing renewable energy usage.

Gov. Josh Shapiro of Pennsylvania announces a new climate change initiative, aiming to make power plant owners pay for greenhouse gas emissions.
The proposed legislation would establish Pennsylvania as the first major fossil fuel-producing state with a carbon-pricing program.
Shapiro's plan includes requiring utilities to purchase 50% of their electricity from mostly carbon-free sources by 2035, a significant increase from the current 18%.
The initiative is expected to face strong opposition from business interests and the state legislature, which is protective of the natural gas industry.
Most of the funds collected from polluting power plants, 70%, are intended to lower consumer electric bills, ensuring no one pays more for electricity.