31 Dec '17, 6pm

Ten US states show economic benefits from capping #climatepollution

As Oregon’s legislature considers bills to cap climate pollution and drive Oregon’s clean energy economy through new investment, some naysayers are at it again, trying to paint a fearful picture of Oregon’s economy under the program. But Oregon only has to look at existing programs in other states to see track records showing that decarbonizing our economy is a huge opportunity. Northeastern U.S.: Regional Greenhouse Gas Initiative Nine states in the Northeast and Mid-Atlantic region (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont) have been implementing a cap-and-invest program called the Regional Greenhouse Gas Initiative (RGGI) since 2008. Under RGGI, carbon pollution from power plants is capped and reduced over time. Power plant owners pay to emit each ton of carbon pollution under the cap by purchasing permits...

Full article: https://www.climatesolutions.org/article/1490741595-ten-u...

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