Regional Greenhouse Gas Initiative

Synonyms

RGGI

Definition

The Regional Greenhouse Gas Initiative (RGGI) is the first market-based regulatory program in the United States to reduce greenhouse gas emissions. RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont to cap and reduce CO2 emissions from the power sector. (RGGI, 2014)

Narrower terms

RGGI CO2 Allowance