The capacity market is separate from the larger energy market in which generators and others compete daily to provide power. To Deborah Donovan, senior policy advocate at the Acadia Center, a clean energy advocacy group, the prices in the most recent auction are a “leading indicator” of trends to come. Read the full article from the Hartford Courant here.
Speaking on behalf of OTF, Jordan Stutt, carbon program director, Acadia Center said: “For elected officials who have been waiting on the close of the comment period to gauge public sentiment, the outcome could not be clearer: Northeast and Mid-Atlantic Americans want to fix our dirty and broken transportation system. No amount of oil industry-funded propaganda will change the fact that there is overwhelming public support for the important goals of the Transportation & Climate Initiative. It’s a big hit.” Read the full press release from Our Transportation Future here.
According to a 10-year report by the northeast regional advocacy group Acadia Center, proceeds since the time of the first two auctions (a year before RGGI officially got under way) had totaled nearly $3.3 billion by the end of June 2019. The Acadia report also says emissions from the plants covered by RGGI are down 47% – outpacing the rest of the nation by 90%. The gross domestic product of the RGGI states, all in the Northeast and mid-Atlantic regions, also grew by 47% – again outpacing the rest of the country, which grew by 31%. “I’m not shocked by
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“Usually, the bigger the problem, the more attention you need to pay to get to solutions,” said Jeff Marks, Maine director at the Acadia Center, a regional group working on climate change issues. “And transportation is it.” Acadia Center supports the Transportation and Climate Initiative, a collaboration of states from Maine to Virginia working to reduce carbon emissions on the road. But part of that effort envisions raising money through a surcharge on gasoline and diesel fuel, with some of it going to EV rebates and new charging stations. That’s a non-starter for opponents such as the Maine Heritage Policy Center, which
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Jordan Stutt, the carbon programs director of the Acadia Center, an environmental research and advocacy nonprofit, said states understand the need to address transport emissions. The initiative could also help improve air quality, boost economies and improve transport, especially in rural areas, he said. According to information on the TCI website, modeling has showing public health benefits of as much as $10 billion annually by 2032, including over 1,000 fewer premature deaths. It would also generate up to $7 billion annually that could be invested into expanding transport choices for rural, urban and suburban communities. “Without any viable alternative to
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“With the bill released today, President Spilka and Senate leadership are setting the Commonwealth on a meaningful pathway to a net-zero carbon economy by 2050”, said Deborah Donovan, Acadia Center’s Massachusetts Director. “The strong interim target of a 50% reduction by 2030 ensures that Massachusetts will make the next decade count. The ambitious provisions of this bill will boost our economy and protect the health of our most vulnerable residents and our planet.” Read the full release from MA State Senate President Karen E. Spilka here.
In a series of tweets, Hank Webster, Rhode Island director of the Acadia Center, described the plan as “a bold challenge, and one that RI can meet.” “We are ready and looking forward to working with you to achieve this important mission,” he said. Read the full article from Newport Daily News here.
Power plant emission reductions exceed those in rest of U.S. by 90% According to a 10-year report by the northeast regional advocacy group Acadia Center, proceeds since the time of the first two auctions (a year before RGGI officially got under way) had totaled nearly $3.3 billion by the end of June 2019. The Acadia report also says emissions from the plants covered by RGGI are down 47% – outpacing the rest of the nation by 90%. The gross domestic product of the RGGI states, all in the Northeast and mid-Atlantic regions, also grew by 47% – again outpacing the
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“This is absolutely necessary,” said Jordan Stutt, carbon programs director at the Acadia Center, a climate change advocacy organization. “The MOR-EV program provides critical momentum toward achieving our emissions reduction targets.” Read the full article from Energy News Network here.
One might think that with so much money going to carbon allowances, energy prices in RGGI states would have increased, but a research study by the Acadia Center shows the opposite is true: Electricity prices in RGGI states have fallen by 5.7 percent, as increased energy efficiency has resulted in decreased demand. In the rest of the US, electricity prices haven’t fallen at all; rather, they’ve increased by 8.6 percent in the last decade. CO2 emissions from RGGI electric power plants have also fallen by 47 percent since 2008, dramatically outpacing the rest of the country. Read the full article from the River Hudson Valley
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