27 May '11, 2pm

New Jersey Governor Pulls Out of Regional Climate Initiative: Image: Wikimedia The Regional ... th.bp #green #USRC

New Jersey Governor Pulls Out of Regional Climate Initiative: Image: Wikimedia The Regional ... th.bp #green #USRC

The Regional Greenhouse Gas Initiative, officially described as the "first market-based regulatory program in the United States to reduce greenhouse gas emissions" with the goal of a 10-percent reduction from the power sector by 2018, just lost one of its 10 member states. New Jersey Governor Chris Christie announced yesterday that New Jersey would be the first state to withdraw from the initiative, which he called a failure. Lisa Jackson, whom many have called the best head of the EPA in the agency's history, urged Christie to reconsider, AP reports , saying the program reduces air pollution, promotes clean energy and creates jobs. AP explains that RGGI "puts a price tag on pollution by requiring fossil fuel-burning power plants in the 10-state region to buy credits to cover the carbon they emit, a method known as cap-and-trade. The money from the sale of the credits is m...

Full article: http://www.treehugger.com/files/2011/05/new-jersey-govern...

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New Jersey to Climate: Drop Dead

New Jersey to Climate: Drop Dead

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sustainableindustries.com 08 Jun '11, 3pm

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