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Maine Enacts Regional Greenhouse Gas Initiative

June 19, 2007

Maine Governor John Baldacci has signed a bill to implement the Regional Greenhouse Gas Initiative (RGGI) within the state. The initiative is a pact signed by 9 states that regulates carbon dioxide (CO2) emitted from fossil-fueled power plants in order to reduce greenhouse gas emissions.

Under RGGI, the participating states set a cap on CO2 emissions from 2009 through 2014, after which the emissions will decline 10 percent by 2019. The initiative allows selling and trading of emissions credits to help achieve the caps, and allows credits for a range of projects that encourage energy efficiency and reduce greenhouse gas emissions.

The Maine legislation:

When he signed the bill on June 18, Baldacci said, "Maine is leading by example, and RGGI is a crucial step….These investments will improve the competitiveness of Maine’s businesses and lower electricity rates for consumers, individuals, and businesses."

For more information, see the governor's June 18 press release, the text of LD 1851, and the RGGI agreement.

To read more about renewable energy and energy efficiency projects in Maine, see:

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Content Last Updated: 09/21/2011