Carbon Control: Is Emissions Trading Working in the Northeast?

…“Even with the tightening of the RGGI cap, it remains difficult to attribute specific quantities of emissions reductions to any single political, market or economic factor,” said Jordan Stutt, a policy analyst at Boston’s Acadia Center, a nonprofit that tracks the RGGI program. “However, the tightening of the cap has led to higher RGGI allowance prices, creating a more significant incentive to generate electricity from cleaner sources and to invest more heavily in energy efficiency.”…