in News Departments > Policy Watch
print the content item

Gov. John E. Baldacci, D-Maine, has joined nine other northeastern states in the Regional Greenhouse Gas Initiative (RGGI). RGGI is a coalition of governors that have agreed to set limits on the emission of greenhouse gases.

The coalition's goals are to reduce regional greenhouse gas emissions, encourage the lowest cost reductions of carbon dioxide (C02) emissions, and establish a national model for a cap-and-trade program for C02 emissions. The cap-and-trade system controls the right to emit by setting an emissions cap, but allows companies to trade carbon credits to meet their emission requirements.

Through Baldacci's Regional Greenhouse Gas Initiative Act of 2007, he is proposing to provide funding for energy efficiency investments for businesses and residences across Maine, and ensure that electricity consumers are protected. According to the governor, the bill would give the Department of Environmental Protection and the Public Utilities Commission (PUC) the authority to create rules for Maine's participation in RGGI; use a public auction for selling Maine's carbon emission credits; create strict standards to protect the market and prevent manipulation; and build on the success of the Efficiency Maine program at the PUC in carrying out energy-efficiency programs statewide, among other benefits.


Trachte Inc._id1770
Latest Top Stories

The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.


Quebec Government Postpones Wind Power RFP; No New Date Scheduled

The request for proposals (RFP) is part of an overall 800 MW wind power tranche that will serve as a bridge to the next phase in the province's energy future.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008