The directive also prepares North Carolina for joining the Regional Greenhouse Gas Initiative.
It’s a cap-and-trade program for power plant emissions in 11 mid-Atlantic and Northeastern states. (Source: North Carolina Environmental Management Commission, Website, PR, AP, 14 July, 2021)
Contact: North Carolina Environmental Management Commission, 877-623-6748, deq.nc.gov/about/divisions/water-resources/water-resources-commissions/environmental-management-commission; RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, Carbon Emissions,
Governor Tom Wolf (D) signed an executive order starting the RGGI process in October 2019, as part of his overall climate goals of reducing state greenhouse gas emissions 26 pct by 2025 and 80 pct by 2050, compared to 2005 levels. The Pennsylvania DEP estimates RGGI participation will prevent between 97-227 million tons of carbon emissions between 2022 and 2030, depending on factors such as energy demand. Pennsylvania is among the country's top five carbon emitting states.
Under RGGI, power plants with a generation capacity of at least 25 MW and that send 10 pct or more of their power to the grid must purchase allowances for each ton of CO2 they emit. RGGI began with Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont, and more recently added New Jersey and Virginia.
(Source: Pennsylvania Environmental Quality Board, Allegheny Front, 14 July, 2021) Contact: RGGI, www.rggi.org
More Low-Carbon Energy News Carbon Emissions, RGGI,
At the same time, state legislators are debating a separate energy bill that could enshrine natural gas and fossil-fuel use for the next decade, limit the use of renewable energy and thus complicate the effort to join RGGI. "Joining RGGI would put North Carolina on a path to reduce carbon emissions from 2005 levels by 70 pct before 2030, and become carbon-neutral by 2050," according to Southern Environmental Law Center atorney Derb Carter,
RGGI requires companies to purchase an allowance for each ton of carbon-dioxide pollution they produce. RGGI member states have seen carbon-dioxide emissions from power plants drop 47 pct over the last decade.
RGGI began with Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont, and more recently added New Jersey and Virginia.
(Source: Southern Environmental Law Center, June, 2021) Contact: Southern Environmental Law Center, 919-967-1550, www.southernenvironment.org; RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, Carbon Emissions,
"This additional time would allow the regulated community an opportunity to clarify related issues including implementation procedures as well as adjust their business plans to account for the potential increased costs associated with Pennsylvania joining RGGI," according to the IRRC website release.
RGGI is a collaboration of states that began with Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island and Vermont, and more recently added New Jersey and Virginia. (Source: Pennsylvania Independent Regulatory Review Commission, PR, Indiana Gazette, 19 Feb., 2021) Contact: RGGI, www.rggi.org;
Pennsylvania Independent Regulatory Review Commission, (717) 783-5417, www.irrc.state.pa.us
More Low-Carbon Energy News RGGI,
Modeled on the Regional Greenhouse Gas Initiative (RGGE), which has reduced emissions from power plants, the transportation pact creates a cap-and-invest program to drive down emissions from cars and trucks. It targets gasoline and diesel fuel consumption, which account for more than 40 pct of regional carbon emissions that scientists say contribute to climate change.
Under the plan, suppliers who deliver fuel across state lines will be taxed on emissions above limits that still must be set. Those costs are expected to be passed on to consumers. The pact is expected to reduce regional emissions by as much as 24 pct in the next 11 years, and generate up to $500 million a year for green projects.
The Transportation and Climate Initiative (TCI) is a regional collaboration of 12 Northeast and Mid-Atlantic states and the District of Columbia that seeks to improve transportation, develop the clean energy economy and reduce carbon emissions from the transportation sector. The participating states are: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, and Virginia.
(Source: Eagle Tribune, 20 Dec., 2020) Transportation Climate Initiative, www.transportationandclimate.org
More Low-Carbon Energy News RGGI, Transportation Climate Initiative,
META grants are used by Massachusetts municipalities, regional school districts, and water/wastewater districts to aid in the management of projects or the performance of studies to support the development of clean energy and energy efficiency in the Commonwealth. Open to all 351 cities and towns, META grants fund the services of expert consultants and contractors to assist with a diverse array of local energy projects.
Projects and studies receiving funding will support the performance of solar photovoltaic site evaluation, heating system replacements, ASHRAE Level II audits, technical analysis of energy use at drinking water and wastewater facilities and technical assistance with efficient building planning, maintenance, and operation. Part of DOER's Green Communities Division, the grants are funded through proceeds from the Regional Greenhouse Gas Initiative (RGGI).
Under the Green Communities Act, cities and towns must meet five criteria to be designated a Green Community and receive funding. 271 Bay State cities and towns accounting for 84 pct of the state's population have earned the Green Communities designation. (Source: Department of Energy Resources, Worcester Telegram, 25 Oct., 2020)Contact: Mass. Department of Energy Resources, 617-626-7300, www.mass.gov/orgs/massachusetts-department-of-energy-resources; RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, Mass DOER, Energy Efficiency, Renewable Energy, RGGI,
The incentive program is being made available through Rhode Island Commerce's Renewable Energy Fund and supported thanks to the state's participation in the Regional Greenhouse Gas Initiative (RGGI). Incentives will be made available in four rounds between September 2020 and May 2021.
Download program details HERE.
(Source: RI Office of Energy Resources, PR, Contact: RI Office of Energy Resources, www.energy.ri.gov; Rhode Island Climate Change Program, www.climatechange.ri.gov
More Low-Carbon Energy News Rhode Island Office of Energy Resources , Renewable Energy, Energy Storage, RGGI,
These latest awards bring the total awards to more than $136 million to Green Communities in Designation Grants and Competitive Grants since 2010.
Under the Green Communities Act, cities and towns must meet five criteria to be designated a Green Community and receive funding; 271 Massachusetts cities and towns accounting for 84 pct of the state's population have earned the Green Communities designation.
Funding for these grants is available through proceeds from carbon allowance auctions under the Regional Greenhouse Gas Initiative (RGGI). (Source: Mass. Department of Energy Resources , PR, Worchester Telegram, Sept., 2020)
Contact: Mass. Department of Energy Resources, 617-626-7300, www.mass.gov/orgs/massachusetts-department-of-energy-resources; RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, Mass DOER, Energy Efficiency, Renewable Energy, RGGI,
Both RGGI and a carbon tax are central to the governor's strategy to fight climate change. If Wolf's plan is successful, Pennsylvania would become the first major fossil fuel state to adopt a carbon pricing policy.
Proponents claim the RGGI cap-and-trade program would inject new life into Pennsylvania's economy by prioritizing energy efficiency and cleaner energies. (Source: Office of Penna. Gov. Tom Wolf, CBS Pittsburgh, AP, 9 July, 2020) Contact: Office of Penna. Gov. Tom Wolf, 717-787-2500, www.facebook.com › governorwolf, www.governor.pa.gov
More Low-Carbon Energy News RGGI, Carbon Tax, Tom Wolf,
The new ICE Global Carbon Futures Index is made up of prices from the EU ETS, the California-Quebec Market and RGGI markets which together represent some of the largest regional economies in the world.
To date, 46 nations and more than 30 cities, states and regions have imposed a price -- carbon tax -- on carbon emissions.(Source: ICE, 23 April, 2020) Contact: ICE Global Carbon, www.theice.com
More Low-Carbon Energy News ICE Global Carbon, Carbon Market,
Sixty percent of the RGGI proceeds will go to the New Jersey Economic Development Agency for clean electric transportation initiatives. The state Board of Public Utilities will each receive 20 pct and the state Department of Environmental Protection will receive 20 pct.
The EDA will establish a Green Bank to leverage funds and stimulate opportunities in the clean energy -- and the funding to capitalize the initiative -- brings New Jersey in line with other leading clean energy states and provides a critical public-private partnership to spur investment in clean energy technologies during a moment of severe economic contraction.
The NJ DEP will use its allocation to assist coastal communities in protection and enhancement of ecosystems such as salt marshes, tidal wetlands and seagrass beds, which are critical habitat for their ability to store and sequester carbon. The agency also will focus on projects to restore and improve the health of forests, which also store carbon.
(Source: Office of New Jersey Gov. Phil Murphy, NJ Spotlight, April, 2020) Contact: Office of NJ Gov. Phil Murphy,
twitter.com/GovMurphy; RGGI, www.rggi.org
More Low-Carbon Energy News New Jersey Gov. Phil Murphy, RGGI, Climate Change, GHG, Carbon Emissions ,
The Act includes measures to harness wind and solar power, expand home rooftop solar and reduce energy waste through mandatory efficiency standards. The act also sets a 5.2-gigawatt offshore wind power target, one of the largest state commitments to offshore wind to date and one with the potential to power up to 1.5 million Virginia homes.
The Act also confirms the Old Dominion State's participation in the Regional Greenhouse Gas Initiative (RGGI) cap-and-invest program, which to date has provided net benefits of over $4 billion to participating members, while helping them slash carbon emissions over 50 pct. (Source: PR, Mar., 2020)
More Low-Carbon Energy News Renewable Energy, Wind, Solar, Virginia Renewable Energy,
The DEEIF, which is administered by the Delaware Department of Natural Resources and Environmental Control's Division of Climate, Coastal, & Energy. (DNREC), assists with energy assessments, lighting, HVAC, complex retrofits, building improvements and thermal energy systems. Changes to the lighting incentives include 34 new categories of eligible fixtures, varying incentive rates based on wattage, and the addition of incentives for lighting control systems. All incentive levels also have been adjusted to reflect market conditions for LED lights.
EEIF is funded through the Public Utility Tax, the Regional Greenhouse Gas Initiative (RGGI) and one-time funding from the Exelon-Pepco merger settlement. Grant amounts are capped at 30 pct of the project's total cost.
(Source: DNREC, 2 Mar., 2020) Contact: Delaware Energy Efficiency Investment Fund, Dayna Cobb, Dir., 302.735.3480, https://dnrec.alpha.delaware.gov/climate-coastal-energy/efficiency/energy-efficiency-investment-fund, de.gov/eei
More Low-Carbon Energy News Energy Efficiency,
RGGI member states include Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. New Jersey is expected to rejoin and Pennsylvania is in the process of joining this year.
(Source: Shore Daily News. 3 Mar., 2020)Contact: RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, Virginia RGGI, Cap and Trade,
McDonnell's comments came in response to concerns from the House Appropriations Committee over how the state's share of the RGGI programs quarterly auction program would be used by the state, relative to climate change issues rather than unrelated programs and projects.
Sec. McDonnell assured the Appropriations Committee "improvements to public transportation, installing energy efficient windows, insulation, or appliances, or building out alternative fuel vehicle infrastructure" were among the projects the RGGI funds would be applied to.
Governor Wolf's executive order follows the implementation of aggressive clean energy targets announced last year, including a goal of reducing greenhouse gas emissions 26 percent by 2025. Pennsylvania also became the 24th state to join the U.S. Climate Alliance -- a group formed in 2017 after President Donald Trump withdrew the nation from the Paris Agreement.
Critics of RGGI argue it will cripple Pennsylvania's economy, force fossil fuel plants into early retirement and drive up electricity prices. Critics note that Pennsylvania is the nation's number two natural gas producer and the region's top power exporter -- making it very different, economically, from the other RGGI participants.
(Source: Pennsylvania Department of Environmental Protection, The Center Square, 26 Feb., 2020) Contact: Pennsylvania Department of Environmental Protection, www.dep.pa.gov; C RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, Carbon Emissions, ,
In his address, the Governor reported
"the state is leading the way in transitioning to clean, renewable energy" and noted a 50 pct drop in emissions from the power industry over the last decade under the Regional Greenhouse Gas Initiative (RGGI).
Baker added the state's investments in renewable energy would meet 30 pct of the state's electric power needs and at the same time eliminate 5.7 million metric tpy of greenhouse gas emissions.
(Source: Office of Massachusetts Gov. Charlie Baker, Smart Energy, 23 Jan., 2020) Contact: Office of Massachusetts Gov. Charlie Baker, (617) 725-4005, www.mass.gov/governor
More Low-Carbon Energy News Net-Zero Carbon, Climate Change, CO2, Charlie Baker,
From 2021-2030, the RGGI states have agreed to reduce the program's CO2 limit by 30 percent, building on the 47 percent CO2 reduction the states have already achieved for their power plants since 2008. The states have also agreed to add a new mechanism, called an emissions containment reserve, to the market in 2021. The reserve is meant to speed CO2 reductions by removing allowances from RGGI's quarterly auctions if the clearing price falls below a predetermined threshold, which will start at US$6/st in 2021.
Recently, many of the RGGI states have committed or recommitted to ambitious policies to address climate change, such as reducing economy-wide greenhouse gas emissions by 80 percent by 2050. Many of the same northeastern U.S. states are considering creating a separate cap-and-trade program for the transportation sector, the largest source of CO2 in the states and across the country. That program could work in tandem with RGGI to help the states use markets to drive emissions lower.
RGGI member states include Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. New Jersey will re-join next year while Virginia are expected to sign on in the near future.
The move is in keeping with the Governor's goal of reduce greenhouse gas emissions by 26 pct by 2025. The state Department of Environmental Protection will be tasked with drafting the proposed regulation.
The RGGI state include Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont. Four of those states are led by Republican governors.
Pennsylvania reportedly emits nearly as much carbon as the nine RGGI states combined. (Source: Pennsylvania Capital Star, 3 Oct., 2019) Contact: RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, GHG, Greenhouse Gas, Carbon Emissions,
The Index tracks the performance of the largest, most liquid and most accessible tradable carbon markets -- the European Union Emission Trading System (EU ETS), the California Cap-and-Trade Program, and the Regional Greenhouse Gas Initiative (RGGI). The index is calculated using OPIS data and carbon credit futures pricing in those markets.
The IHS Markit Global Carbon Index was developed in consultation with Climate Finance Partners, a specialist in climate finance.
IHS Markit is also well known for its daily OPIS Carbon Market Report, national carbon policies database and for developing industry standard methodologies for greenhouse gas accounting and disclosures. Its research and expertise on carbon policy impact, low-carbon and cleantech technologies and carbon risk management guide companies in energy, petrochemical, automotive, shipping, agriculture and other sectors critical to the global economy.
(Source: IHS Markit , 25 Sept., 2019)
Contact: IHS Markit, www.ihsmarkit.com
More Low-Carbon Energy News RGGI, EU ETS, IHS Markit Carbon Market, Carbon Credit,
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,
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,
The DEQ also approved the state's proposed joining of the Regional Greenhouse Gas Initiative (RGGI) aimed at cutting carbon emissions through a cap and trade program. New Jersy was a founding member of RGGI. Present membership includes Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.
(Source: Virginia Department of Environmental Quality, Chesapeake Climate Action Network, Action Fund, Blue Virginia, 19 April, 2019)
Contact: Virginia Department of Environmental Quality Air Pollution Control Board,(804) 698-4000, www.deq.virginia.gov; RGGI, www.rggi.org
More Low-Carbon Energy News RGGI, CO2 Emissions,
The NYSERDA implementation plan includes a retail storage incentive targeting projects of up to 5 MW that are either interconnected behind a customer's electric meter or directly into the distribution system. The plan also includes a bulk storage incentive that backs projects exceeding 5 MW and are interconnected directly into the transmission, sub-transmission or distribution systems.
The primary purpose of such projects is to provide wholesale market energy, ancillary services and/or capacity services. The state will allocate $150 million for this incentive.
NYSERDA is seeking regulatory approval to set aside $70 million for opportunities that have the greatest potential to build a self-sustaining storage market.
At the same time, NYSERDA's board of directors has approved an additional $53 million in Regional Greenhouse Gas Initiative (RGGI) funds for retail and bulk storage deployment incentives on Long Island.beginning in Q2, 2019. (Source: NYSERDA, Renewables, 13 Mar., 2019) Contact: NYSERDA, Alicia Barton, Pres., CEO, (518) 862-1090, www.nyserda.ny.gov
More Low-Carbon Energy News Energy Storage, NYSERDA,
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,
The petitioners argue Pennsylvania regulators have the legal authority and constitutional duty to address climate change and ask them to create an economy-wide cap-and-trade program, using California as a model. The move triggers a legal process to which the state is required respond.
Petitioners claim the state's Air Pollution Control Act allows for such an action, and the state's Environmental Rights Amendment requires it. The petition is now being reviewed by the Pennsylvania Department of Environmental Protection, and will then go before the state's Environmental Quality Board, which can decide whether to move forward with it or not.
A report published by RGGI last year said participating states were able to cut power sector carbon pollution over 45 percent since 2005, while the region’s economy grew. The Investment of RGGI Proceeds in 2017 report is HERE. (Source: RGGI, Energy News, Dec., 2018) Contact: RGGI, www.rggi.org
More Low-Carbon Energy News Carbon Emissions, Climate Change, RGGI,
Transportation accounts for around half of all carbon emissions in New York, New Jersey and Connecticut, yet these emissions are not regulated like those from our power plants, which are managed as part of RGGI. The meeting called for the regulation of greenhouse gases from all economic sectors, including transportation.
Ideas the emerged from the meeting included: a "cap-and-invest" approach that puts a price on transportation emissions and invests revenue back into communities and transportation infrastructure; congestion pricing for zones for different classes of vehicles; and greening school bus fleets, among others, all of which will be reported to the relevant government agencies and executives for consideration.
(Source: Regional Plan Association, New Jersey Climate Adaptation Alliance, 3 Aug., 2018) Contact: RPA, Robert Freudenberg, Energy & Environmental Program Mgr, (212) 253-2727, http://lab.rpa.org;
New Jersey Climate Adaptation Alliance, http://njadapt.rutgers.edu; New Jersey Climate Adaptation Alliance, njadapt.rutgers.edu
More Low-Carbon Energy News New Jersey Climate Adaptation Alliance,