The Regional Greenhouse Gas Initiative (RGGI) is the first market-based regulatory program in the United States to reduce greenhouse gas emissions. RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont to cap and reduce CO2 emissions from the power sector.
States sell nearly all emission allowances through auctions and invest proceeds in consumer benefits: energy efficiency, renewable energy, and other clean energy technologies. RGGI is spurring innovation in the clean energy economy and creating green jobs in each state.
This website provides a portal for official user platforms, state applications, and materials for participants in RGGI, as well as current information about the status of RGGI auctions and state rules.
In addition, the Participating States have conducted a comprehensive program review. Proposed amendments to RGGI have been incorporated in an Updated Model Rule released on February 7, 2013.
The Updated Model Rule will guide each state as it follows its own statutory and/or regulatory procedures to propose updates to its CO2 Budget Trading Program. More information on the Updated Model Rule and accompanying materials is available at http://www.rggi.org/design/program_review