Here's how RGGI works: Using an auction system, the states offer a declining number of carbon emissions credits each year,
which power plant owners bid on and are then required to use to offset their carbon dioxide emissions.
Not exact matches
The
owner of the FitzPatrick Nuclear
Power Plant in Oswego County, which is scheduled to be closed starting in January, is in discussions to sell the plant to Exelon, owner of the nearby Nine Mile Point faci
Plant in Oswego County,
which is scheduled to be closed starting in January, is in discussions to sell the
plant to Exelon, owner of the nearby Nine Mile Point faci
plant to Exelon,
owner of the nearby Nine Mile Point facility.
The need for the «pipeline tax» arose because
power plant owners have been buying natural gas on the spot market, rather than through long - term contracts,
which pipeline developers need to have to obtain federal approval.
Similarly, emission reductions in the UK
power sector were largely driven by the retirement of old, inefficient coal
plant during the 1990s, through sulphur regulations
which meant
plant owners were faced with the choice of either retrofitting stock or retiring it (Eyre, 2001).
The NYT reports: «The ozone rules are expected to force the
owners of
power plants and factories to install expensive technology to clean pollutants from their smoke stacks» —
which will raise costs to families and business.