MJB&A Summary of RGGI Model Rule Amendments

The nine Northeast and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI) released final Model Rule amendments on December 19, 2017, after a lengthy program review process. The changes chart a course for the program through 2030, including a 30 percent reduction in the regional cap from 2020 to 2030. The RGGI states will now move forward with state-specific statutory and regulatory processes to incorporate the changes into their CO₂ trading programs. This summary provides an overview of the Model Rule amendments.