Commodity Market Report

North America gas markets sensitivity: No Carbon Policy, developed from the H1 2019 long-term outlook

This report is currently unavailable

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

03 October 2019

North America gas markets sensitivity: No Carbon Policy, developed from the H1 2019 long-term outlook

Report summary

Wood Mackenzie's H1 2019 long-term outlook base case assumes a federal long-term carbon policy, a flat US carbon tax of $2 per short ton (st) beginning in 2028 that increases to $26/st by 2040, consistent with the global Wood Mackenzie view. However, this No Carbon Policy sensitivity assumes a future without any US federal carbon pricing. In this No Carbon case, coal plants do not retire as quickly and renewables increase at a slower pace compared to our base case. Power demand for gas will be lower overall without the carbon tax incentivizing coal-to-gas switching, but the relatively flat supply curve protects additional downside risk to Henry Hub.

Table of contents

  • This No Carbon case represents the absence of any kind of federal carbon policy but maintains non-federal CO2 cap-and-trade programs and regional CO2 markets such as California, RGGI, and Canadian initiatives

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    NAGS No Carbon Policy H1 2019.pdf

    PDF 1.11 MB

  • Document

    NAGS LNG Breakout 2019 H1 No Carbon.xlsx

    XLSX 803.70 KB

  • Document

    NAGS LTO Demand Breakout 2019 H1 No Carbon.xlsx

    XLSX 1.42 MB

  • Document

    NAGS LTO Price Outlook 2019 H1 No Carbon.xlsx

    XLSX 462.48 KB

  • Document

    NAGS LTO Supply and Demand Balances 2019 H1 No Carbon.xlsx

    XLSX 939.43 KB

  • Document

    NAGS LTO Supply Breakout 2019 H1 No Carbon.xlsx

    XLSX 1.12 MB

  • Document

    North America gas markets sensitivity: No Carbon Policy, developed from the H1 2019 long-term outlook

    ZIP 5.49 MB

Other reports you may be interested in