ESG Currents

RGGI, the 'Quiet Giant' of Carbon Markets

Nov 8, 2023
The podcast discusses the Regional Greenhouse Gas Initiative(RGGI), a successful carbon market that aims to eliminate 66% of CO2 emissions from utilities in Northeastern states. They explore the market structure of RGGI, potential expansion into other industries like transportation, and the distinction between allowances and offsets in decarbonization. Additionally, they highlight the importance of long-term decarbonization targets and provide a summary of key points.
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