RGGI Agrees to Reduce Carbon Emissions by Another 30%

To prevent this, the states will further lower RGGI’s cap in 2021-2025 by the amount of excess allowances sold and banked between 2014 and 2020 (the same approach previously used to address banked allowances from 2009-2013). Our friends at Acadia Center estimate this could avoid an additional 48.5 million tons of carbon pollution (or more).

Read the full blog post from NRDC on Microgrid Knowledge here.