What’s up with RGGI? Moving the cap down.

Guest post by Ric Werme Things have been pretty quiet in the northeast’s the Regional Greenhouse Gas Initiative (RGGI). New Jersey has gotten out and remains out, New Hampshire didn’t get out, but most of the money collected will be going back to ratepayers. Between the recession and the collapsing price of natural gas, electric…

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RGGI update: It wasn’t supposed to be like this

Guest post by Ric Werme Too long title: New Hampshire stays in, NJ probably gets out, 3rd quarter auction sells less than 18% of allowances, secondary market moribund, RGGI soldiers on. RGGI is short for the Regional Greenhouse Gas Initiative, America’s premier Cap and Trade program serving higher electricity bills to everyone in ten northeast…