In his 2011 State of the Union address, President Obama announced the goal of producing 80 percent of electricity from “clean” energy sources by 2035. Following the address, the White House released some general principles for a proposal for a Clean Energy Standard (CES). Most recently, President Obama reiterated this call for a CES in a March 30, 2011 speech on energy policy.
This paper is intended to contribute to discussion of the President’s proposal, highlighting important analytical and design questions. The CES represented in this analysis is one possible interpretation of the President’s proposal, and is not intended to be a definitive representation of the Administration’s intentions. BPC is continuing to analyze the impacts of a range of CES policy scenarios.