RGGI

RGGI Rockin’ It — RGGI States Cut CO2 23% in 3 Years

  A three-year summary of America’s first carbon trading program was released on Monday. The news is pretty good for anyone who cares about reducing carbon emissions; it’s inconvenient for anyone hell-bent on preventing America from implementing a carbon pricing plan. According to the program administrator of the Regional Greenhouse Gas … [continued]

California to Raise Billions/Year from Cap-and-Trade

  California’s starting a state cap-and-trade system to help address global warming later this year. A new report from the state’s Legislative Analyst’s Office finds that the program could be raising up to $14 billion. The money will be raised from CO2 pollution credits. Auctioning begins this fall and it’s expected that … [continued]

RGGI Cap & Trade Program in U.S. to Tighten Caps

Success in lowering emissions in the RGGI states has resulted in talk of tightening the pollution limits to further reduce greenhouse gases. In January, six of the nine participating states – Massachusetts, Connecticut, Vermont, New York, Delaware and Rhode Island – announced they will permanently eliminate 72 percent of the … [continued]

Record CO2 Reduction in US Cap & Trade States

In yet another resounding success for cap & trade policies, today carbon dioxide pollution capped by the 10 participating RGGI states of the US Northeast has been reduced to its all-time low of a mere 124 million short tons.

Power plant CO2 emissions in the states that participate in the Regional Greenhouse Gas Initiative (RGGI) cap & trade dropped 34% below the cap in 2011, according to a new report from Environment Northeast, at Point Carbon News.

So… are they cowering in caves, like Rush Limbaugh says?