From Sea to Shining Sea: Cap-and-trade Programs Showing Success on Both Coasts

…A new report released this past Wednesday by Acadia Center digs into the most recent data out of the RGGI system. According to the Acadia analysis, the RGGI states have decreased their emissions by 35 percent since the start of the program, while emissions from the 40 states unregulated by a cap only decreased by 12 percent over the same period…

RGGI Provides Both Economic and Environmental Benefits

A new report from Acadia Center highlights the benefits of the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program in the New England states, New York, Maryland, and Delaware that started six and a half years ago. The benefits, which stem from emissions reductions and investing revenue the program generates, include declining energy bills, reduced illnesses, and job creation among others. A cap-and-trade program sets a limit on the amount of CO2 that a region’s electric power generators can release into the atmosphere, with that cap level dropping each year. Companies can purchase permits to release CO2 (called “allowances” in
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The value of solar in Vermont

…A new study from Acadia Center quantifies the grid and societal benefits of solar photovoltaic systems (solar PV) in Vermont. Establishing the value of distributed resources is increasingly important as states explore ways to meet energy needs and deploy clean energy resources…

Report: RGGI model of carbon trading a ‘natural fit’ for Clean Power Plan compliance

The northeast and mid-Atlantic regional approach to reducing greenhouse gas emissions is a “model for compliance” with the federal government’s Clean Power Plan, according to a new report from the Acadia Center. The Regional Greenhouse Gas Initiative is a “natural fit” for the sector, and has helped to push down emissions, reduce electricity prices and boost the region’s economy, the analysis showed…

New Study Shows Value of Solar in Vermont

Acadia Center today released a study that quantifies the grid and societal benefits of solar photovoltaic systems (solar PV) in Vermont. Establishing the value of distributed resources is increasingly important as states explore ways to meet energy needs and deploy clean energy resources. Acadia Center has also released Value of Solar studies for Massachusetts, Connecticut, and Rhode Island and Maine‘s Public Utilities Commission recently completed a similar type of analysis to inform decision making processes in that state. Acadia Center assessed the grid and societal value of six solar PV systems to better understand the overall value that solar PV
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Hawaii, Vermont Set Ambitious Examples for Renewables

…Such was the case with Hawaii, which announced its intent to pass a 100 percent renewables mandate shortly after California Gov. Jerry Brown declared that his state should revise its renewables goal from 33 percent by 2020 to 50 percent by 2030, said Peter Shattuck, clean energy director for the Acadia Center, a Boston-based think tank focusing on energy and climate change…

A natural fit? RGGI a model for CPP compliance

…Calling it a “natural fit for compliance,” a new report from the Acadia Center, shows that RGGI continues to drive down emissions while boosting economic growth, subsequently making the program a model that other states can learn from the RGGI experience…

RGGI’s Economic and Environmental Success Lays Blueprint for Benefits under Clean Power Plan

Boston – A new report from Acadia Center shows that the northeast and mid-Atlantic states’ Regional Greenhouse Gas Initiative (RGGI) continues to drive down emissions while boosting economic growth, making the program a model for compliance with EPA’s forthcoming Clean Power Plan. Acadia Center’s report, Regional Greenhouse Gas Initiative: A Model Program for the Power Sector, details emissions trends, investment benefits, and changes in regional electricity generation over RGGI’s six years of operation. The report explains why RGGI is a natural fit for compliance with the Clean Power Plan, what other states can learn from the RGGI experience, and the
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NRG community solar project powering 160 residential customers

…“We’re seeing a more democratized energy system where smart energy management — the type of power that consumers buy but also produce — is allowing us to take more control of our energy future,” said Peter Shattuck, Massachusetts Director of Acadia Center, which is dedicated to developing a future based on clean energy economy. “A project like this expands the possibilities for customers who don’t have the right roof or might not own their home to take advantage of solar.”

A Big Fight Over a Natural Gas Pipeline Project Divides Massachusetts

…“The concern for our organization is that we have become over-reliant on natural gas in New England,” said Peter Shattuck, clean energy and initiative director at the Acadia Center, a clean energy group based in Boston. “And the proposed solution in the form of a new, publicly funded gas pipeline would increase that problem”…