Rhode Island Multi-Sector Carbon Pricing Analysis
Working with the Cadmus Group, Synapse assisted the Rhode Island Office of Energy Resources in conducting an analysis of carbon pricing policies focused on the transportation and building sectors. Synapse led quantitative modeling of policy options, including both the impact of carbon prices on consumer adoption of electric vehicles and heat pumps and the impact of incentives or other programs funded by revenue from the carbon price. Synapse used our EV-REDI and Building Decarbonization Calculator tools to model stock turnover and the resulting emissions and energy use impacts. We also evaluated the economic impact of each carbon pricing policy option using IMPLAN, and health impacts using EPA's COBRA model.