By Matthew Choi

WELCOME TO THURSDAY! I’m your host, Matthew Choi. Congrats to API’s Howard Feldman for knowing Reginald Punnett created the Punnett square. For today’s trivia: What two states joined the U.S. during the Civil War? Send your tips and trivia answers to mchoi@politico.com. Find me on Twitter @matthewchoi2018.

Check out the POLITICO Energy podcast — all the energy and environmental politics and policy news you need to start your day, in just five minutes. Listen and subscribe for free at politico.com/energy-podcast. On today’s episode: The utility industry’s BBB clean energy pitch.

BBB’s clean energy tax credits could have benefits 3 to 4 times their costs, according to a new analysis by the University of Chicago and Rhodium Group. That return on investment lends considerable ballast to environmentalists’ argument that doing nothing would be far more expensive than working to avert climate change.

“Cumulatively, the benefits from the policies range from $335 billion to $1.8 trillion, while the costs range from $130 billion to $309 billion,” the report said. That’s only accounting for the costs of carbon emissions and doesn’t include other environmental benefits. Read the full report here.

Continue Reading at Politico Morning Energy…

Areas of Focus: Energy Markets
Definition
Energy Markets
Well-functioning markets are essential for providing access to reliable, affordable energy. EPIC research is uncovering the policies, prices and information needed to help energy markets work efficiently.
Renewable Energy
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Renewable Energy
Lower technology costs and supportive public policies are driving an increase in renewable energy in markets around the world. EPIC research is assessing the costs, benefits, and efficiency of policies...
Climate Change
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Climate Change
Climate change is an urgent global challenge. EPIC research is helping to assess its impacts, quantify its costs, and identify an efficient set of policies to reduce emissions and adapt...
Climate Law & Policy
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Climate Law & Policy
As countries around the world implement policies to confront climate change, EPIC research is calculating which policies will have the most impact for the least cost.
Assessing the Costs and Benefits of Clean Electricity Tax Credits
Definition
Assessing the Costs and Benefits of Clean Electricity Tax Credits
EPIC and Rhodium Group measure the costs and benefits of clean energy tax incentives and find the benefits are about four times greater than the costs and would lead to...