As called for in the original RGGI Memorandum of Understanding, the Participating States conducted a program review of the CO2 Budget Trading Programs. Proposed amendments to the program have been incorporated in an Updated Model Rule (released on February 7, 2013) that will guide each state as it follows its own statutory and/or regulatory procedures to propose updates to its CO2 Budget Trading Program.
The RGGI program review was a rigorous and comprehensive evaluation, supported by an extensive regional stakeholder process that engaged the regulated community, environmental nonprofits, consumer and industry advocates, and other interested stakeholders.
The Updated Model Rule, Program Review Recommendations Summary, and related materials can be found below.
In addition, on behalf of the RGGI states, RGGI, Inc. facilitated a Stakeholder Webinar on February 11, 2013. At this meeting, the RGGI states reviewed the final Model Rule and accompanying materials for the 2012 program review. All stakeholder materials can be found here.