Abstract
Through seven‐and‐a‐half years of operation, the Regional Greenhouse Gas Initiative (RGGI) has helped nine northeastern and Mid‐Atlantic states1 achieve significant reductions in emissions of carbon dioxide and other pollutants from the electric power sector. Over the same period, RGGI states' economies have outpaced the rest of the country, and electricity prices within the region have fallen, even as prices in other states have increased. Through reforms considered in the 2016 Program Review, states can build on this success and solidify RGGI's role in achieving state‐level climate commitments and requirements of the Environmental Protection Agency's (EPA's) Clean Power Plan (CPP).
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