Regional Greenhouse Gas Initiative
The Regional Greenhouse Gas Initiative (RGGI), an initiative of the Northeast and Mid-Atlantic U.S. states, has enabled the implementation of a mandatory cap-and-trade program for greenhouse gas emissions. The RGGI has been active since January 1, 2009.
The cap-and-trade program is aimed at limiting CO2 emissions generated by thermal power plants in the region and then reducing these emissions by 10%, compared with their 2009 level, by 2018.
The RGGI member states are as follows:
- New Hampshire
- New York
- Rhode Island
Last update: 2018-03-26 2:46:19 PM