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Written by Carmel Pratt, Sustainability Consultant
If you live in Connecticut and are as obsessed with energy-related news as we are, you’ve probably already heard about the proposed cuts (to the tune of ~$22 million) from the state’s Regional Greenhouse Gas Initiative (RGGI) clean energy program. RGGI is a nine-state agreement between CT, DL, ME, MD, MA, NH, NY, RI, & VT to cap and reduce power sector CO₂ emissions. In other words, the program is designed to be a set of guidelines for regulating, budgeting, and trading emissions from electric power plants in the cooperating states. This initiative is the first of its kind in the nation, being a mandatory (as set forth by each state’s program design) and market-based emissions reduction program. The nine states are currently in the process of gathering input from stakeholders and experts for the 2016 program review. (more…)