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Energy Policy

The University of Maine

2008

Regional Greenhouse Gas Initiative

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Full-Text Articles in Environmental Policy

The Regional Greenhouse Gas Initiative: What It Means For Maine, Sondra Bogdonoff Jan 2008

The Regional Greenhouse Gas Initiative: What It Means For Maine, Sondra Bogdonoff

Maine Policy Review

The federal government has been slow to act on curbing greenhouse gas emissions that contribute to climate change and on reducing dependence on petroleum and other fossil fuels. In the absence of federal leadership, Maine and other states have enacted policies and practices to try to address these issues. Sondra Bogdonoff’s article discusses the 10-state Regional Greenhouse Gas Initiative (RGGI), in which Maine participates, the first regional program in the U.S. to address climate change. RGGI is a cap-and-trade system aimed at reducing CO2 emissions, which are “capped” at allowable levels. Power generators can buy and sell allowances. Under RGGI, …