25 Sep '14, 1pm

RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec

RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec

States including Vermont, which Quebec’s premier said yesterday is particularly interested in uniting, are members of a Northeast group that has been operating an emissions-trading system since 2008. And they’ve shown no signs of abandoning that cause, said Kelly Speakes-Backman, chair of the Regional Greenhouse Gas Initiative known as RGGI . “We’ve had no discussion of any states leaving RGGI, either to go to California or elsewhere,” Speakes-Backman said yesterday by telephone from Baltimore. “I don’t see it as being realistic, especially as far along as we are. We have a good working relationship.” While carbon markets are gaining increasing attention in anticipation of a federal rule curbing power-plant emissions, California has yet to find another U.S. state to join the economywide trading system it established last year and expanded to include the Canadian province o...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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