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PLEASE NOTE OUR NEW PHONE NUMBER: 617-646-7800 | Publications

Potential Impacts of New Jersey Rejoining RGGI

01/19/2018
Issue Brief

C. Van Atten, S. Hill, L. Slawsky

PDF icon MJBA_NJ_Considers_Rejoining_RGGI.pdf

New Jersey was a founding member of the Regional Greenhouse Gas Initiative (RGGI)—the nation’s first mandatory, market-based program to reduce emissions of carbon dioxide. However, after participating for three years (2009-2011), Governor Chris Christie withdrew the state from the program. Governor-elect Phil Murphy has pledged to “immediately restore New Jersey’s place” in RGGI. Additionally, the Democrat-controlled New Jersey Legislature has strongly supported New Jersey’s reentry to the RGGI program and has recently introduced several bills to do so. As New Jersey considers participating in RGGI again, this issue brief explores possible cap scenarios for the state as well as the implications for the broader regional trading program.

M.J. Bradley & Associates, an ERM Group company

Concord, MA / Washington, DC

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