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The Future of RGGI: Updating the Emissions Cap

The Future of RGGI: Updating the Emissions Cap. Presentation to the Restructuring Roundtable February 17 th , 2012 Derek Murrow Energy & Climate Policy Director (ENE) Environment Northeast. 2005 Emissions Projections. Current Emissions and Projections. Generation by Fuel Type.

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The Future of RGGI: Updating the Emissions Cap

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  1. The Future of RGGI:Updating the Emissions Cap Presentation to the Restructuring Roundtable February 17th, 2012 Derek Murrow Energy & Climate Policy Director (ENE) Environment Northeast

  2. 2005 Emissions Projections

  3. Current Emissions and Projections

  4. Generation by Fuel Type

  5. Natural Gas vs. Oil Prices

  6. Allowance Surplus with Retirement

  7. Revised RGGI Cap

  8. Reform Principles • Revise the Emissions Cap • To actual 2009 emissions level • Decline toward 80% reduction • Include Other GHG Emissions • Imports • Other smokestack GHGs • Smaller sources • Biomass • Linkage

  9. Contact Information Derek Murrow Energy & Climate Policy Director (203) 285-1946 dmurrow@env-ne.org • Environment Northeast Rockport, ME / Portland, ME / Boston, MA Providence, RI / Hartford, CT / Ottawa, ON, Canada www.env-ne.org

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