Action | Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22) |
Stage | NOIRA |
Comment Period | Ended on 10/26/2022 |
RGGI is a market-based way to efficiently reduce greenhouse gas emissions in a cost-effective manner. It would be penny-wise and pound foolish to pull out. The savings on our utility bills are small. The revenue from RGGI in funding flood resilience and low-income energy efficiency far outweigh the few dollars savings in energy bills. For just $2.39 in average increased energy costs we get:
In the long run RGGI will save energy users money and speed the transition to renewable energy.