US Clean Power Plan Raises Carbon Trading Profile

…A new report from the non-profit Acadia Center, entitled RGGI: A Model Program for the Power Sector, shows that putting a price on carbon through cap-and-trade is an effective way to decrease harmful greenhouse gas emissions while allowing the economy to grow. As states begin considering how to meet the CPP requirements, the report calls RGGI “a natural fit” for compliance.“RGGI’s successful track record has boosted confidence in market-based mechanisms and the federal Clean Power Plan is an additional boost,” said Peter Shattuck, director of Acadia Center’s Clean Energy Initiative…