in News Departments > Policy Watch
print the content item

Gov. Ruth Ann Minner, D-Del., has signed Senate Bill 263, authorizing the state to participate in the Regional Greenhouse Gas Initiative (RGGI), a market-based program designed to reduce greenhouse gas (GHG) emissions from fossil-fuel-fired power plants. The program includes nine other mid-Atlantic and northeastern states.

The legislation establishes the framework for Delaware's program and authorizes the Department of Natural Resources and Environmental Control to adopt regulations to fully implement the law. The 10-state initiative begins Jan. 1, 2009.

"As a coastal state, we are at great risk from the effects of climate change and rising sea levels," says Minner. "Many other states are learning from the RGGI model, and I am pleased that Delaware can now be a part of this historic program to begin to seriously address the challenges presented by GHG emissions and their impacts."

Under the program, fossil fuel power plants must purchase credits equal to the amount of carbon dioxide (CO2) emissions they produce. One credit is equivalent to one ton of CO2. Each participating state will receive an allocation of credits based on an average of emissions from regulated power plants (25 MW or larger). RGGI states will hold regular auctions allowing power plant operators to purchase credits needed.

SOURCE: Office of Gov. Minner

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
Canwea_id1984