Fossil Fuel Subsidies, A Price Spike, & Governor Healey’s Changes To The APS
Massachusetts created the Alternative Energy Portfolio Standard (APS) back in 2008 to subsidize several technologies and actions, which, in theory, are supposed to help the Commonwealth reduce its greenhouse gas emissions. One might think of it as a strange cousin of the more sensible Renewable Portfolio Standard, which drives wind and solar development. In practice, the APS likely makes little to no impact on the state’s emissions because most of its subsidies go to natural gas-burning combined heat and power systems and biofuels, both technologies with negative to unclear impacts on emissions.