PJM's 2017 White Paper "Advancing Zero Emissions Objectives through PJM’s Energy Markets: A Review of Carbon-Pricing Frameworks", suggests that the wholesale market design could be leveraged to advance emissions reductions goals while protecting local jurisdictions’ autonomy and minimizing harmful spill-over effects like emissions and price leakage. Therefore, it is prudent to investigate potential opportunities to support the diverse policy perspectives that exist within the PJM region while also maintaining the competitive nature of the market..