Tag: RGGI

Curbing GHGs with Cap–and–Trade —How It’s Working

Curbing GHGs with Cap–and–Trade —How It’s Working The RGGI held its first CO2 allowance auction on September 25, 2008 and will hold its 26th auction on December 3, 2014. Along the way, the RGGI has evolved and in 2013, made changes to its Model Rule to further reduce CO2 emissions and help to ensure the […]

Curbing GHGs with Cap–and–Trade —How It Works

Curbing GHGs with Cap–and–Trade —How It Works The Regional Greenhouse Gas Initiative (RGGI or “Reggie”) was first discussed in 2003 by the governors of nine states as a possible way to lower CO2 emissions from electric power plants on a regional scale. In late 2005, seven states – Connecticut, Delaware, Maine, New Hampshire, New Jersey, […]