As climate focus shifts to states, East Coast partnership offers model for multi-state collaboration


The Regional Greenhouse Gas Initiative, currently joined by 11 U.S. states on the East Coast, is a cap-and-invest system for power generation. States put a limit on the carbon emissions power plants can produce, then each plant buys allowances for every ton of carbon dioxide they produce up to the cap. The proceeds go towards initiatives that reduce emissions and make energy more affordable.

Related Stories