Pennsylvania joins Regional Greenhouse Gas Initiative with goal of cutting emissions

Pennsylvania just joined the Regional Greenhouse Gas Initiative, a program which establishes an annual compact-wide carbon emissions cap that gets lower every year. The initiative also requires power plants with a capacity of 25 megawatts or greater to have a permit for each individual ton of carbon dioxide they emit. States auction these permits off from their own allowances four times per year. These permits can then be resold.

Source link