Regional Greenhouse Gas Initiative (RGGI)
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 RGGI CO2 Budget Trading Programs
> Apply to Participate in September, 2008 CO2 Allowance Auction
> Information for Participants
> CO2 Allowance Auctions
> CO2 Allowance Tracking System

 Latest News on RGGI
> RGGI States Announce Formal Release of Auction Application Materials - 7/24/2008 (Pdf Format)
> RGGI States Announce Preliminary Release of Auction Application Materials - 7/11/2008 (Pdf Format)
> RGGI States Announce CO2 Allowance Submission Schedule - 7/11/2008 (Pdf Format)
> Staff Working Group Final Report Evaluating Potential Emissions Leakage - 4/1/2008
> States Release Summary of Design Elements for Allowance Auctions - 3/17/2008 (Pdf Format)

The Regional Greenhouse Gas Initiative, or RGGI, is a cooperative effort by Northeastern and Mid-Atlantic states to reduce carbon dioxide emissions – a greenhouse gas that causes global warming. Climate change is expected to raise sea level, change precipitation and impact other local climate conditions. Changing regional climate could alter forests, crop yields, and water supplies. It could also affect human health, animals, and many types of ecosystems.

To address this important environmental issue, the RGGI participating states will be developing a regional strategy for controlling emissions. This strategy will more effectively control greenhouse gases, which are not bound by state or national borders. Central to this initiative is the implementation of a multi-state cap-and-trade program with a market-based emissions trading system. The proposed program will require electric power generators in participating states to reduce carbon dioxide emissions.

To learn more about RGGI, access the links to the left.