Today, nine Northeast and Mid-Atlantic governors, and the mayor of Washington, D.C., announced details of an ambitious, visionary program aimed at capping carbon pollution from the transportation sector. Over the next year, the Transportation Climate Initiative (TCI) will design a regional, low-carbon transportation policy proposal using a cap-and-invest program or other pricing mechanism, and allow each jurisdiction to invest proceeds into low-carbon and more resilient transportation infrastructure.
While the United States is reeling from worsening wildfires and extreme weather, the success of the Regional Greenhouse Gas Initiative (RGGI) is helping counter the climate change-denying policies emanating from inside the Beltway. Today, RGGI, Inc. Chairman Ben Grumbles, Maryland’s Secretary of the Environment, headlined a webinar promoting the release of a new report, From Pollution to Solutions: Maximizing Clean Energy Progress from State Carbon-Pricing Investments, from Environment America Policy and Research Center. The webinar panelists discussed case studies of how to successfully invest RGGI revenues.
Today, Xcel Energy announced a plan to reduce carbon emissions 80 percent by 2030 and 100 percent by 2050. Rob Sargent, senior director of Environment America’s clean energy program, issued the following statement.
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