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 the major source for climate change mitigation: flood control and infrastructure resilience. It also funds crucial efforts to reduce emissions through energy conservation. In both cases, low income residents of the state - who suffer disproportionately from the ill effects of climate change and who have trouble making investments in energy conservation - are recipients of the funding. Leaving RGGI would require tax increases to continuing funding these critical initiatives.