Gov. Larry Hogan’s administration has agreed to a plan to cut the Northeastern United States’ cap for carbon emissions by 30 percent through 2030.
The regional cap will be nearly a third lower than the one set for 2020 by the Regional Greenhouse Gas Initiative. The RGGI, a multi-state co-op, requires coal-fired power plants in each state to purchase emissions allowances at auction, with proceeds funding state renewable and efficient energy programs.
Hogan said in a statement that the agreement is an example of a “common sense solution” that can “protect our environment, combat climate change, and improve our air quality.”
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