Fortunately, leading states continue to prove that curbing dangerous carbon pollution can reduce the risk of global warming and benefit local communities at the same time. The Northeast and Mid-Atlantic states have dramatically reduced dangerous power plant pollution, using tools including the Regional Greenhouse Gas Initiative, a policy that limits pollution over time and makes polluters pay for the privilege of using the sky for waste disposal. Much of the revenue is then invested in clean energy programs, which have boosted the regional economy by nearly $3 billion.
View this complete post...Posts Tagged ‘Mid-Atlantic’
Carbon-Cutting Success Stories
Monday, September 19th, 2016Northeast & Mid-Atlantic: Economic Impacts of a Greenhouse Gas Initiative
Friday, July 17th, 2015ANALYSIS GROUP
This Report analyzes the economic impacts of RGGI’s most recent three years, covering the years 2012 through 2014. This analysis follows on our prior November 2011 Report (hereafter “AG 2011 Report”) that assessed the economic impacts of RGGI’s first three years (2009-2011). Since the time of our last economic review, the electric industry has experienced changes in power plant economics, emission-control requirements, and wholesale market structures in the RGGI region. In addition, the RGGI states completed a comprehensive program review during 2012, and modified elements of the program including, most importantly, adopting a significantly lower overall cap on CO2 emissions in the RGGI region.
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