The EPA’s proposal to regulate power plants through carbon emission caps has caused speculation that more states will join the Regional Greenhouse Gas Initiative (RGGI) as a means of complying with the new regulations. The RGGI uses a cap-and-trade program to regulate carbon emissions in its member states. Several factors make the RGGI an attractive solution to some states. Joining the RGGI would allow states to plug into an existing compliance system rather than creating one from scratch. It would also give states an additional two years to comply with the proposed EPA rule, and the program has the potential… Read more