The Climate Post: Harvey Shines Light on Issue of Climate Change
Program advocates point to several studies suggesting the program’s success, reported the Boston Globe. One by the Acadia Center in 2016 found that RGGI states reduced emissions by 16 percent more than other states, while growing the region’s economy 3.6 percent more than the rest of the country. At the same time, energy prices in RGGI states fell by an average of 3.4 percent, while electricity rates in other states rose by 7.2 percent.
Northeast States Talk Big On Climate. This Is Their First Serious Test.
“What we gain in return for that marginal additional cost is that we avoid 99 million [short] tons of CO2 emissions” from 2017 to 2031, Jordan Stutt, a policy analyst at the Boston-based Acadia Center, told HuffPost. “That’s more than a full year’s worth of emissions for this region. If the states are serious about acting on climate, they can’t ignore those kinds of emissions reductions at that low a cost.”
Read the full article from the Huffington Post here.