RGGI is a «Cap and Auction» program that
caps electric generating unit emissions and then auctions permits to emit CO2 or allowances.
Not exact matches
And to negate some of the advantage this approach automatically gives to
electric cars (whose greenhouse emissions include those
generated by
electric utilities), the award also incorporates other measures in its criteria, including a
cap on greenhouse gas emissions of no more than 200 grams per mile.
Feb. 8, 2008), as the Act removed oil and coal - fired
electric utility steam
generating units (EGUs) from the list of sources of hazardous air pollutants and instead regulated the emissions through a
cap - and - trade program.
I have been involved in
cap and trade compliance programs since 1993 and I can safely say that environmental staff in
electric generating companies are universally opposed to assuming that allowances will be available.