This afternoon, NJDEP Commissioner Catherine McCabe announced that NJDEP will work to propose regulations for New Jersey to administer the Regional Greenhouse Gas Initiative (RGGI) program and participate in the regional RGGI auctions, starting in early 2020 for carbon pollution credits, and establishing a new RGGI program in consultation with RGGI Inc. and the other participating Northeast states. Most notably, the NJDEP announced that the proposed carbon emissions cap for New Jersey would be 18 million metric tons of carbon per year, starting in 2020.
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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