How RGGI and Pennsylvania’s Carbon Budget Program work to reduce carbon pollutants that contribute to climate change:
- RGGI is a multi-state, market-driven program for CO2 emissions from the electric power sector, implemented by a bipartisan group of governors. It stretches across 10 states from Maine to Maryland, with Virginia and Pennsylvania now getting on board.
- Under RGGI, the participating states agree on a regional limit on the carbon pollution that power plants can emit. Each state creates its own program for implementing the agreement.
- Large carbon-emitting power plants purchase allowances equal to their CO2 emissions and can buy, sell, or trade carbon allowances within the overall cap.
In other words, power plants must pay for the dirty carbon pollution they cause, so they have an incentive to lower their emissions. If power plants reduce their emissions below their allowance, they can bank those allowances for use in the future, or sell allowances to other power plants, which creates more incentive for power plants to invest in ways to reduce their carbon emissions further.
The purchase of the allowances generates funds – as high as $300 million in a year – that could be used to support energy efficiency and renewable energy to further reduce air pollution in the state, and to help low-income consumers as well as communities that are transitioning away from fossil fuels.
PA IPL members, faith leaders, and advocates of climate justice from across the state have already taken a stance and testified, written in our local papers, and signed petitions.
Read the public testimonies of PA IPL’s Executive Director and advocates of climate justice. As we receive more testimonies, we will continue adding them to our website. If you or anyone you know would like to submit their public testimony, please email us.
- David Heayn-Menendez, Executive Director, PA IPL
- Mark Smith, Advocate for Climate Justice and Supporter of PA IPL
- Chuck Marshall, Advocate for Climate Justice and Supporter of PA IPL
- Scott Laird, Advocate for Climate Justice and Supporter of PA IPL
- Phyllis Blumberg, Advocate for Climate Justice and Supporter of PA IPL
- Pam Kosty, Advocate for Climate Justice and Supporter of PA IPL