RGGI and CO2 Emissions Trading Under the Clean Power Plan: Options for Trading Among Generating Units in RGGI and Other States

The nine states participating in the Regional Greenhouse Gas Initiative (RGGI) are considering changes, some of which may aid in the emerging national context for CO₂ control under the Environmental Protection Agency's Clean Power Plan. A study by Analysis Group energy experts on the topic will be released today at a conference in New York City examining the opportunities and challenges of expanded CO₂ trading to states outside of RGGI.

The report, “RGGI and CO₂ Emissions Trading Under the Clean Power Plan: Options for Trading Among Generating Units in RGGI and Other States,” assesses core issues in emission-allowance trading that RGGI could consider during the current program review, and identifies principles and objectives for program design changes that the RGGI member states might incorporate given the emerging national context.

This is the third RGGI-related report prepared by the Analysis Group team, led by Principal Paul Hibbard and including Senior Advisor Susan Tierney and Senior Analyst Ellery Berk. Prior Analysis Group reports have studied RGGI's first and second three-year compliance periods.