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Maine Scores $2.5Mn in Latest RGGI Auction (Ind. Report)
RGGI
Date: 2019-09-16
In Augusta, the Maine Public Utilities Commission report Maine has received nearly $2.5 million in the latest Regional Greenhouse Gas Initiative (RGGI) auction of carbon dioxide emission allowances.

RGGI member states include Delaware, Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. Former New Jersey Gov. Chris Christie pulled the Garden State out of the group whicg caps carbon dioxide emissions from power plants to reduce air pollution. Companies then purchase allowances at auctions that allow them to emit a certain amount of CO2 gas from power plants generating over 25 megawatts of electricity.

RGGI generates revenue for all nine states, which had reduced CO2 emissions by over 50 pctsince 2007. Maine Public Utilities Commission Administrative Director says the latest auction reached the milestone of selling the one billionth emission allowance. Maine has received $108.6 million in revenue since 2007 that's financed rate relief, energy efficiency and renewable energy projects. (Source: Maine Public Utilities Commission, WABI Contact: Maine Public Utilities Commission, 207-287-3831, www.maine.gov › mpuc; RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News RGGI,  Carbon Emissions,  


NJ Sets Rules for Rejoining RGGI GHG Initiative (Reg. & Leg.)
RGGI
Date: 2019-06-19
Following up on our 19 Dec., 2018 report, in the Garden State capital of Trenton, the New Jersey Department of Environmental Protection reports the adoption of rules for how the state will implement a cap-and-trade program to limit carbon dioxide emissions and for rejoining the Regional Greenhouse Gas Initiative (RGGI).

The first rule sets a CO2 cap for the state's electricity generating sector at 18 million tons for 2020. The state's cap on carbon emissions will decline by 30 pct through 2030. According to the DEP, electricity generation produced 20.7 million tons of greenhouse gases in 2016.

The second rule focuses on how the Department of Environmental Protection will spend proceeds from the sale of RGGI power plant carbon allowances on environmental justice projects. As of Jan., 2018, RGGI auctions raised $2.7 billion that is being used to fund clean-energy and energy efficiency programs.

New Jersey was a founding member of RGGI, but Republican Gov. and former presidential hopeful Chris Christie pulled the Garden State from the agreement in 2012 on the grounds that it had "no discernible or measurable impact upon our environment." RGGI member states include Delaware, Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. (Source: New Jersey Department of Environmental Protection, NJTV News, 17 June, 2019) Contact: New Jersey Department of Environmental Protection, www.nj.gov/dep; RGGI, www.rggi.org

More Low-Carbon Energy News Cap-and-Trade,  RGGI,  GHG,  Greenhouse Gas,  Carbon Emissions,  


New Jersey Planning to Rejoin RGGI Pact (Ind. Report)
RGGI
Date: 2018-12-19
In Trenton, New Jersey governor Phil Murphy (D) reports the Garden State's Department of Environmental Protection has formally proposed two rules intended to ease New Jersey's re-entry into the Regional Greenhouse Gas Initiative (RGGI). In 2011, former Republican governor and presidential wannabe Chris Christie pulled the state out of the pact at an estimated loss of $154 million in potential revenue.

REGGI members New England states working to reduce carbon-dioxide gas emissions from the energy sector through a cap-and-trade auction process that encourages more market efficiencies, invests in renewable energy, and improves power-plant technology. New Jersy was a founding member of RGGI. Present membership includes Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. Virginia is planning to join RGGI.

The first of the two proposed rules establishes the mechanisms for rejoining RGGI and sets the initial carbon-dioxide cap for the state's electricity generation sector at 18 million tons in 2020. The 18-million-ton CO2 cap in the Emissions Trading Rule proposal is below the estimated actual emissions of 20.6 million tons in 2020. The cap will decline 3 pct per year through 2030 with other adjustments that are standard to all member states.

The second rule establishes the framework for how the state will spend proceeds from RGGI carbon-dioxide allowance auctions.

Access the rule proposals HERE. Information on New Jersey's re-entry to RGGI is HERE. (Source: State of New Jersey, Office of Gov. Phil Murphy, PR, 17 Dec., 2018) Contact: Office of the Governor, (609) 292-6000, https://nj.gov/governor; RGGI, www.rggi.org

More Low-Carbon Energy News RGGI,  New Jersey RGGI,  


Offshore Wind Shifts in the Garden State (Reg & Leg)

Date: 2018-09-19
In the Garden State, the New Jersey Board of Public Utilities (BPU) reports it has unanimously agreed to accept offshore wind project proposals for a total of 1,100 MW to be sited approximately 17 to 20 miles off the New Jersey coast.

New Jersey Legislation to develop offshore wind was passed in 2010, but the effort was stymied by then Republican Governor and presidential hopeful Chris Christie. The state's new Gov. Phil Murphy (D) revived the offshore wind initiative with a call for 100 pct clean energy by 2050. (Source: NJ PUB, KYW Radio, 17 Sept., 2018)Contact: NJ PUB, Joseph Fiordaliso, Pres., (609) 777-3300, www.bpu.state.nj.us

More Low-Carbon Energy News Wind,  New Jersey Wind,  Offshore Wind,  


Delaware Dismisses RGGI Participation Lawsuit (Reg & Leg)
RGGI
Date: 2018-07-05
Sitting in Dover, after four years the Delaware Superior Court has dismissed a lawsuit -- Stevenson, et al. v. Delaware Department of Natural Resource and Environmental Control, et al. -- that challenged Delaware's participation in the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade cooperative program among nine states.

The lawsuit was brought in December 2013 by David T. Stevenson, a climate change skeptic who heads the Delaware public policy group, Center for Energy Competitiveness at the Caesar Rodney Institute. Stevenson was a member of Trump's EPA transition team and is a long-time critic of Delaware energy policies. The suit was dismissed after more than four years of litigation, had failed to demonstrate that RGGI affected their electric bills.

RGGI member states include Delaware, Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. Former New Jersey Gov. Chris Christie pulled the Garden State out of the group. (Source: RGGI, Delaware Business Now, 3 July, 2018) Contact: RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News RGGI,  CO2,  Carbon Emissions,  


Garden State Knocking on RGGI's Gate (Ind. Report)
RGGI, New Jersey RGGI
Date: 2018-03-02
After a lot of posturing and promises, New Jersey's newly elected governor Phil Murphy (D) is knocking on the Regional Greenhouse Gas Initiative's (RGGI) door officially seeking readmission to the successful 9-state cap-and-trade group his predecessor Chris Christie (R) scorned in 2011.

For New Jersey to rejoin the group all of the member states -- Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont -- must be in agreement. (Source: RGGI, Various Media, 26 Feb., 2018)Contact: RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News RGGI,  


Garden State Returning to the RGGI Fold (Ind. Report, Reg & Leg)
RGGI,New Jersey Clean Energy
Date: 2018-01-31
Further to our Jan. 24th coverage, New Jersey Governor Phil Murphy (D)has reportedly signed an executive order to put his back in the nine-state Regional Greenhouse Gas Initiative (RGGI). The order reverses former Republican Governor Chris Christie's withdrawal of the Garden State from the well established and innovative program.

The nine RGGI states include Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. The program has been credited with raising close to $3 billion for member state clean-energy and energy efficiency programs over the past decade, as well as with cutting RGGI state carbon emissions by 30 pct. (Source: New Jersey Clean Energy, RGGI, EDF, Observer, Others, 28 Jan., 2018) Contact: RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News RGGI,  New Jersey RGGI,  


New Jersey Senate Advances RGGI Participation (Reg & Leg)
RGGI
Date: 2018-01-24
Further to our January 12 coverage, the Garden State legislature is preparing to rejoin the Regional Greenhouse Gas Initiative (RGGI) carbon emissions cap-and-trade program. To that end, the NJ Senate Environment and Energy Committee has advanced legislation requiring the state's participation in the RGGI program and apply all revenues from the program to clean energy projects. Former Gov. Chris Christie pulled the state from the program in 2012 on the grounds that it was "ineffective in reducing greenhouse gases and increase energy costs for businesses and consumers."

The nine state Regional Greenhouse Gas Initiative -- Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont -- over the last decade has been creidted with raising close to $3 billion earmarked for clean-energy and energy efficiency programs and with cutting RGGI state carbon emissions by 30 pct. (Source: RGGI, Observer, Others, 22 Jan., 2018) Contact: RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News RGGI,  New Jersey RGGI,  Cap-and-Trade,  


NJ Plans Climate Alliance, Renewed RGGI Membership (Ind. Report)
U.S. Climate Alliance,Paris Climate Agreement
Date: 2018-01-12
The NJ Spotlight is reporting legislation (S-3317) is pending passage in the Garden State legislature that, if passed, would see New Jersy join the U.S. Climate Alliance, a multi-state initiative to curb carbon pollution in the wake of the Trump administration's decision to pull out of the Paris Accord.

The Alliance is committed to working cooperatively with 13 other states to achieve the aims of the Paris Climate Accord and to strengthen existing climate programs, promote the sharing of information, and implement new programs to curb GHG emissions from all sectors of the economy.

New Jersey was a founding member of the Regional Greenhouse Gas Initiative (RGGI), but withdrew from RGGI in 2012 during the reign of presidential hopeful Gov. Chris Chritie (R) who, in typical Trump terminology, called the program "gimmicky" and a "failure." The state is now expected to rejoin RGGI. (Source: NJ Spotlight, Others, Jan., 2018) Contact: U.S. Climate Alliance, www.usclimatealliance.org; RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News U.S. Climate Alliance,  Carbon Emissions,  Climate Change,  Paris Climate Agreement,  Chris Christie,  RGGI,  


NJ Governor-Elect Murphy Pledges RGGI Re-Entry (Ind. Report)
RGGI
Date: 2017-11-13
In the Garden State, Governor-elect Phil Murphy has vowed to "immediately" bring his state back into the nine-state Regional Greenhouse Gas Initiative (RGGI) which swaps pollution credits and invests that money back into clean energy programs.

Outgoing New Jersey Governor and Trunp supporter Chris Christie -- using typical Trump terminology -- called the program "gimmicky" and a "failure" when he withdrew his state from it beginning in 2012.

Participating RGGI states -- Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont -- agree to limit pollution from power plants and to allow energy producers to bid against each other in auctions for the right to emit carbon. To date, the RGGI auctions have raised $2.7 billion that is being used to fund clean-energy and energy efficiency programs. (Source: WNPR, RGGI, Various Media, 9 Nov., 2017) Contact: RGGI, (212) 417-3179, www.rggi.org

More Low-Carbon Energy News RGGI,  


Christie Blocks NJ RGGI Membership Again (Reg & Leg)
RGGI
Date: 2017-07-17
The Garden State's Democratic-controlled State Assembly's recent vote requiring the state to rejoin the Regional Greenhouse Gas Initiative (RGGI) has been defeated again by former republican presidential wannabe and state governor Chris Christie. On Thursday, July 13, Christie vetoed the assembly's legislative measure requiring the state to rejoin the Regional Greenhouse Gas Initiative.

Christie withdrew his state from RGGI in 2011 on the grounds that it was ineffective and a tax on utility customers. Since then, he has blocked and discouraged all legislative efforts to rejoin RGGI.

When it was a RGGI member, New Jersey received over $100 million from the program, much of which was diverted to prop-up the state budget or fund other programs. (Source: NJ Spotlight, Others, 13 JUly, 2017) Contact: RGGI, (212) 417-3179, www.rggi.orgy

More Low-Carbon Energy News Chis Christie,  RGGI,  Carbon Emissions,  Climate Change,  

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