Pennsylvania joining RGGI would slash allowance prices and emissions, modelling says

Published 23:11 on May 9, 2023  /  Last updated at 23:11 on May 9, 2023  / Matthew Lithgow /  Americas, US

Pennsylvania’s membership in the power sector RGGI carbon market would cause allowance values to fall significantly and yield CO2 abatement with little change in electricity prices, according to new modelling published Tuesday.
Pennsylvania’s membership in the power sector RGGI carbon market would cause allowance values to fall significantly and yield CO2 abatement with little change in electricity prices, according to new modelling published Tuesday.


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