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The Future of RGGI: Updating the Emissions Cap

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Presentation on theme: "The Future of RGGI: Updating the Emissions Cap"— Presentation transcript:

1 The Future of RGGI: Updating the Emissions Cap
Presentation to the Restructuring Roundtable February 17th, 2012 Derek Murrow Energy & Climate Policy Director (ENE) Environment Northeast ACEEE Summer Study August 2008

2 2005 Emissions Projections
ACEEE Summer Study August 2008

3 Current Emissions and Projections
ACEEE Summer Study August 2008

4 Generation by Fuel Type
ACEEE Summer Study August 2008

5 Natural Gas vs. Oil Prices
ACEEE Summer Study August 2008

6 Allowance Surplus with Retirement
ACEEE Summer Study August 2008

7 Revised RGGI Cap ACEEE Summer Study August 2008

8 Revise the Emissions Cap
Reform Principles Revise the Emissions Cap To actual 2009 emissions level Decline toward 80% reduction Include Other GHG Emissions Imports Other smokestack GHGs Smaller sources Biomass Linkage

9 Environment Northeast
Contact Information Derek Murrow Energy & Climate Policy Director (203) Environment Northeast Rockport, ME / Portland, ME / Boston, MA Providence, RI / Hartford, CT / Ottawa, ON, Canada ACEEE Summer Study August 2008


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