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Council directs quicker action on electrification fee; staff to use social cost of carbon and start joint committee on incentives
Summary
Staff told the ECC the city council asked for a shorter timeline on an electrification fee using the social cost of carbon (per gas appliance); council asked staff to return in February to set the fee level while a joint committee will consider nonfinancial incentives and exemptions.
Staff told the Environmental and Climate Committee that the city council reviewed a proposed electrification fee design and asked the council to set the fee level early next year while staff start a joint committee process on nonfinancial incentives and exemptions.
A city staff presenter said the fee model being recommended uses the social cost of carbon as a multiplier and would be applied per gas appliance, following an approach similar to a model used by the city of Ashland. "We presented that to council yesterday and... we really did land on just only one viable way that…
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