New York Times: The cap and trade system known as the Regional Greenhouse Gas Initiative announced on Monday that carbon dioxide emissions from power plants in the nine participating states on the East Coast fell by an average of 23 percent during the first three years of the program. The pioneering program, known as RGGI (pronounced reggie), sets a ceiling on carbon dioxide emissions from electric power providers and requires the companies to pay for their emissions by buying allowances in auctions held four times...
URL: http://green.blogs.nytimes.com/2012/06/04/emissions-fell-under-cap-and-trade-program-report-says/?partner=rss&emc=rss
Enclosure: http://www.rggi.org/
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