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RGGI auction clearing prices fell over the course of 2016, spurring calls for reforms to the cap-and-trade program. | Potomac Economics

RGGI States Agree to Increased Emission Reductions

Aug 24, 2017

Environmental Regulations / Connecticut / Delaware / Maine / Maryland / Massachusetts / New Hampshire / New York / Rhode Island / Vermont

By Michael Brooks The nine states comprising the Regional Greenhouse Gas Initiative have agreed to accelerate reductions in power sector carbon dioxide emissions by lowering the cap-and-trade program’s annual allowances by 30% over 10 years. The changes to the program, announced Wednesday, also include the addition of an Emissions Containment...

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