Thirty states have adopted renewable portfolio standards (RPSs) that set targets for renewable energy generation by mandating that electric power utilities obtain a minimum percentage of their power from renewable sources. Our synthetic control model finds that states with RPSs experience...

Thirty states have adopted renewable portfolio standards (RPSs) that set targets for renewable energy generation by mandating electric power utilities obtain a minimum percentage of their power from renewable sources. To date, there have been a number of studies that have consistently found that...