The RGGI program’s implementation in 2015-2017 generates $1.4 billion in economic benefits for participating states, even as the emissions cap was lowered and pollution allowance costs rose.
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Report sheds light on the creation of the Regional Greenhouse Gas Initiative and the decision by states to auction carbon allowances
CONCORD, MA, FEBRUARY 15, 2017: A new, independent study by M.J. Bradley & Associates (MJB&A) and a companion video have been published that tell the story of how the nation’s first carbon trading market was created in 2009 by a bipartisan group of Northeast states.
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New Report Examines Electricity Market Trends in the Northeast, Changes Reshaping the Electric System, and Challenges that Lie Ahead
In a time of transformational change in the electricity sector, the Northeast region has positioned itself as a national leader on renewable energy, energy efficiency, and a modern electric grid. A new report and video from M.J. Bradley & Associates explores the opportunities and challenges facing the Northeast region’s rapidly evolving electricity system and state carbon emission and clean energy goals.
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New Report Details How America’s First Carbon Market Can Benefit More States Through Emissions Trading
NEW YORK—As the Regional Greenhouse Gas Initiative (RGGI) undergoes its periodic comprehensive review, a new report finds that America’s first carbon market can provide a roadmap for states seeking to comply with the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP), particularly states interested in trading with other states.
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States evaluating EPA Clean Power Plan options can learn from the Regional Greenhouse Gas Initiative
New York -- States participating in the Regional Greenhouse Gas Initiative (RGGI) have found that regulating carbon emissions from power plants through market-based mechanisms goes hand-in-hand with economic benefits. That's the conclusion of a new report from Analysis Group, released today at the National Association of Regulatory Utility Commissioners (NARUC) conference in New York, NY. The report findings provide valuable lessons for states across the country now evaluating their options under the Clean Power Plan, the EPA's proposed effort to limit carbon emissions from power plants across the country.
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New Analysis of Historical Data Released
Boston, MA, November 15, 2011 — In three years, the Regional Greenhouse Gas Initiative (RGGI) added economic value worth more than $1.6 billion (or nearly $33 per person) to the 10 member states1 , according to a first-of-its-kind report released today at the National Association of Regulatory Utility Commissioners (NARUC) conference by the independent economic consulting firm Analysis Group.
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