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RGGI-style transit funds in R.I. future

On Dec. 18, 12 Northeastern states, including Rhode Island, and the District of Columbia announced that they had agreed to implement a cap-and-trade regime...
THE REGIONAL GREENHOUSE GAS Initiative completed its 40th auction, selling carbon dioxide allowances for a clearing price of $4.02, generating a total of $55.4 million for the nine participating states. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

RGGI sells $55.4M in CO2 allowances at 40th auction

PROVIDENCE – The nine New England and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative Inc. auctioned 13.7 million carbon dioxide allowances at...
THE 450-MEGAWATT Manchester Street power plant in Providence, above, burns natural gas and must buy RGGI permits to cover its emissions. / COURTESY DOMINION ENERGY

RGGI report: Program generates $23.9M for R.I. from 2015-2017 at auction

PROVIDENCE – A new report from the Regional Greenhouse Gas Initiative said that the program generated $23.9 million in revenue for Rhode Island from...
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