New York commences development of economy-wide carbon market

Published 20:54 on January 10, 2023  /  Last updated at 20:54 on January 10, 2023  /  Americas, US  /  No Comments

New York Governor Kathy Hochul (D) on Tuesday announced state agencies will immediately begin developing a cap-and-invest programme with rebates, aiming to regulate economic activities not already covered by the power sector RGGI scheme and with an eye to linking with other markets.

New York Governor Kathy Hochul (D) on Tuesday announced state agencies will immediately begin developing a cap-and-invest programme with rebates, aiming to regulate economic activities not already covered by the power sector RGGI scheme and with an eye to linking with other markets.

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