The Congressional Budget Office (CBO) released a study July 26 entitled, “The Effects of Renewable or Clean Electricity Standards.” According to the study, a 25 percent Clean Energy Standard (CES) could increase electricity prices by as much as 3 percent between 2020 and 2030. While the CBO said a CES would increase electricity prices, it also found that it would reduce carbon dioxide emissions, although specific reductions would depend on how the policy was designed. The study was prepared at the request of Senator Jeff Bingaman (D-NM) and Senator Lisa Murkowski (R-AK).