Lessons from Oregon Climate PolicyPolicy Innovations and Experience

• Policy innovations:

  • First green field CO2 mitigation requirements in U.S.
  • Provides developer with process and project flexibility
  • Enables non-profit trust to administer regulatory responsibility for implementing CO2 mitigation

• Experience demonstrates …

  • competitive award of siting permit to least polluting plant
  • that market can bear CO2 mitigation cost (adds ~1/4% to LCC)
  • that CO2 mitigation is practicable and available

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