Building on its recent discussions with stakeholders, FERC on Thursday unveiled a proposed policy statement on its role in regulating state-led efforts to price carbon emissions in wholesale electricity markets, signaling its openness to moving forward with future proposals.

The move comes after the Federal Energy Regulatory Commission convened a technical conference on the subject earlier this month. The participants at the conference, including representatives from the natural gas industry, brought forward a “diverse range of potential benefits” associated with integrating state-determined carbon pricing into regional electricity markets, according to the Commission.

“As states actively seek to reduce greenhouse gas (GHG) emissions within their regions, carbon pricing...