“Synchronized Swimming”: The Regional Greenhouse Gas Initiative

I was hearing surprisingly little about the experience of the Regional Greenhouse Gas Initiative (RGGI, or “Reggie” to those in the know) when I came to the US last year. I had been deeply involved in designing and implementing cap-and-trade in Europe and was curious to see how RGGI fared in its first year of operation. As the climate talks in Copenhagen kicked off in December, I took myself off to RGGI-land to talk to some of those who have been involved in the initiative along the way and to learn more.RGGI provides a powerful example of how simple action on climate change can make a real difference – generating emissions reductions, training and new jobs, and most importantly political confidence in action. RGGI’s approach has quietly provided a pilot for the rest of the US, by learning lessons from Europe and improving on the policies adopted there.

READ MORE

Share Your Perspective