Regional Greenhouse Gas Initiative (RGGI)

Regional Greenhouse Gas Initiative (RGGI)

The northeastern Regional Greenhouse Gas Initiative (RGGI) is the largest carbon pricing system currently operating in the U.S. RGGI's cap-and-trade system has raised well over $660 million, most of which goes towards state investment in clean energy technologies. All the states in the northeast are involved, except for Pennsylvania. One study found that regional emissions dropped 25-35 percent in 2009, largely due to the RGGI. Since the program's implementation in late 2008, the program has raised $861 million, the vast majority of which has gone towards funding clean energy or energy conservation projects. Energy cost increases as a result of the program have been minimal and it is estimated that the public gets $3-$4 back for every $1 invested.

Commentary

New Hampshire Governor Defends RGGI

July 07, 2011

CASE STUDY: Koch Front Groups Attack RGGI – the Northeast Regional Greenhouse Gas Initiative

April 13, 2011
Clean Air Act

Protecting the Clean Air Act: Getting the Jobs and Investment Story Right

September 13, 2010

Evidence