Report: CT spends RGGI funds on renewable energy
A new report showed how states such as Connecticut are allocating Regional Greenhouse Gas Initiative funds.
The report from the nonprofit Acadia Center found the 11 states participating in the initiative are using the funds on a variety of initiatives. Connecticut has allocated up to 80% of its funds for clean energy projects. However, some advocates said there are ways the funds can be put to better use.
Paola Moncada Tamayo, policy analyst for the center, said New Jersey serves as a model for other initiative states.
“They have a plan which they publish and that plan goes through a period of public comment,” Tamayo explained. “They go through several iterations of the public comment period. They also publish a dashboard which has all the investments they do.”
The report recommended states such as Connecticut consider increasing funding investments in environmental justice, including requiring at least 40% to 50% of initiative funds be invested in environmental justice and other underserved communities. The Connecticut Environmental Justice Mapping Tool showed the highest concentrations are located around larger urban areas such as New Haven, Hartford, Bridgeport and Danbury.
Advocates said the recommendations can better hold states accountable for how their funding is spent. The report found some underreporting occurring, which benefits some states’ narratives of how the money is being spent. Tamayo acknowledged implementing the report’s recommendations could prove challenging.
“I’ll say probably in some states, there has been lack of funding and so they’ve been trying to fill funding holes from it,” Tamayo observed. “Other states might just be that they don’t have the manpower to do the level of reporting that we would want them to do.”
Tamayo hopes the improvements will be implemented so states such as Connecticut can make better use of their initiative funding. While it has not been front and center, she feels it has been an important tool for helping states decarbonize.
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