RGGI Eyes Phased Approach To Broad Multi-State Trading Under ESPS

State members of the Northeast's Regional Greenhouse Gas Initiative (RGGI) are considering a phased approach for expanding trading beyond the nine-state region as a means of complying with EPA's greenhouse gas rule for existing power plants, signaling that the program's excess emissions allowances may not be available -- at least initially -- to help other states comply with the rule. During a Nov. 17 program review meeting in New York City, RGGI officials suggested they would name the program's current...