RGGI Could Struggle To Meet Advocates' Stringent Cap, Modeling Shows

New modeling from the Regional Greenhouse Gas Initiative (RGGI) -- the nine-state cap-and-trade program in the Northeast -- shows that the program could struggle to meet environmentalists' ambitious post-2020 emissions cap, potentially complicating the region's efforts to trade with other states under EPA's power sector GHG rule. Officials on June 14 released results from five new modeling runs ahead of RGGI's June 17 program review meeting . The latest modeling examines several cap stringency levels: a 2.5 percent annual cap...