Friday, July 24, 2015

Cap-and-trade lowers price to customers

"Electricity bills in the Northeast have dropped $460 million dollars since that region put a price on carbon.

Back in 2011, nine Northeastern states established the Regional Greenhouse Gas Initiative – better known as RGGI. And, the benefits of that regional cap-and-trade system just keep adding up.

Since it was established, that program has added $1.3 billion dollars of economic activity to the region, reduced carbon emissions by 15 percent, and saved customers a ton on their electric bills. - "

No comments: