RI Joins 8 Other States to Announce Further Efforts to Fight Climate Change

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RI Joins 8 Other States to Announce Further Efforts to Fight Climate Change

Rhode Island has joined with eight other Northeastern and Mid-Atlantic states to take part in the Regional Greenhouse Gas Initiative (RGGI) to come up with a plan to reduce greenhouse gas emissions beyond 2020.

The proposal calls for an additional 30% cap reduction between 2021 and 2030.

“As a coastal state, Rhode Island is uniquely vulnerable to climate change. Today, I'm taking executive action to endorse RGGI's stronger, regional approach to climate change. Rhode Island is a leader. We're the only state in America with an off-shore wind farm, we're making it easier for homeowners and businesses to install solar, we're helping our cities and towns invest in green infrastructure, and we're working to make our energy system ten times cleaner. RGGI plays an important role to make Rhode Island's energy system cleaner and our green economy stronger," said Governor Gina Raimondo. 

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The New Proposal

The proposed program improvements include a new regional cap of 75.148 million tons of CO2 in 2021, which will decrease by 2.275 million tons of CO2 per year thereafter, resulting in a total 30 percent reduction in the regional cap from 2020 to 2030.

 

The RGGI states have already reduced power sector carbon emissions by nearly 50 percent since 2008, while generating more than $2.7 billion in proceeds across the region for reinvestment in programs to benefit consumers and build a stronger and cleaner energy system.

“The Regional Greenhouse Gas Initiative has a proven track record of delivering significant greenhouse gas emission reductions while fostering regional economic growth and accelerating the deployment of clean energy solutions. The changes proposed to the RGGI program will lower the 2030 cap more than 65 percent below RGGI’s initial emissions cap, bolstering the Commonwealth’s progress to reduce emissions and implement comprehensive strategies called for by Governor Baker’s climate change executive order,” said Energy and Environmental Affairs Secretary Matthew A. Beaton.

Independent reports by the Analysis Group found that RGGI is generating billions of dollars in net economic benefit and tens of thousands of job-years in the region.

Other studies have found that RGGI has saved hundreds of lives, prevented thousands of asthma attacks, and saved $5.7 million in health-related economic costs.


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