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RGGI Backers Tout Significance Of Expected New Jersey, Virginia Addition

November 13, 2017
Supporters of the Regional Greenhouse Gas Initiative (RGGI) are touting the significance of New Jersey and Virginia's plans to join or link with the nine-state power sector cap-and-trade program, noting those additions would nearly double the current market's emissions' coverage. The forthcoming expansion comes after Nov. 7 elections that brought pro-environment Democrats into those two state capitals. In Virginia, the Department of Environmental Quality (DEQ) has already unveiled a draft power sector GHG trading rule intended to “link” to RGGI,...


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