New York will lower its cap on carbon dioxide emissions by more than 9 million tons through 2030, according to state regulations adopted Tuesday.
The regulations align with the nine other Northeastern states participating in the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program, which have agreed to reduce the cap on emissions by 30% over the next decade. They further align with the state’s climate action plan, codifying its goal of getting all its electricity from emission-free sources by 2040, and an 85% reduction in economywide emissions from 1990 levels by 2050.
- “Reducing the RGGI cap will lower ...
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