States detail timeline for crafting RGGI-like transportation policy

The Transportation & Climate Initiative (TCI) -- a group of Northeast and Mid-Atlantic states that want to design a regional cap-and-trade program for vehicles modeled after the region’s power sector carbon market -- is detailing a timeline to craft the policy by the end of this year. The TCI consists of nine states and the District of Columbia, which committed late last year to design the carbon trading policy. The effort is facilitated by the Georgetown Climate Center. The new...