Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution
Green Car Congress
APRIL 10, 2010
A limit was imposed on emissions from the power plants, and utilities were allowed to buy and sell permits to comply. A list of the clean energy programs being funded through auction proceeds can be found on RGGI’s website. Giving away too many allowances would distort the market and could result in windfall profits for polluters.
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