Proposed stringent emission-reduction targets through 2030 in the nation’s only interstate cap-and-trade program will continue the already well-established market shift toward renewable and efficient power-generation construction projects, industry analysts say.
The Regional Greenhouse Gas Initiative (RGGI), which spans nine Northeast and mid-Atlantic states, on Aug. 23 said it has agreed to set lower emissions caps by an additional 30% in 2030 over reductions achieved by 2020.