McKee proposes using carbon cap and trade revenue to offset winter electric bills

GOV. DANIEL J. MCKEE on Wednesday proposed a plan to use $3.8 million in state revenue from a regional carbon cap-and-trade program to offset winter electricity rate hikes for low-income customers. (AP Photo/Steven Senne)
PROVIDENCE – The state is looking to use some of the money made from the regional carbon dioxide cap-and-trade program to help offset surging winter electricity bills for low-income residents. Gov. Daniel J. McKee and the R.I. Office of Energy Resources on Wednesday announced the proposal to use $3.8 million from the Regional Greenhouse Gas…

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