Latest / News•Oct 10, 2019
Carbon Pulse Daily: Tuesday September 17, 2019
RGGI results – The Northeast US RGGI carbon market has cut emissions across its nine member states 90% faster than the rest of the country, as economic growth in the region outpaced the overall average by 31%, according to a report released by environmental think-tank Acadia Center. The study showed that CO2 output fell across the states by 47% since the ETS commenced in 2009, while GDP there grew by 47%. Additionally, electricity prices under RGGI fell by 5.7% over this stretch, while nationally costs rose 8.6%.
Read the full article from Carbon Pulse here.