Posted 3/13/2024, 8:47:57 PM
Shapiro Backs PA Carbon Market, 50% Clean Energy Goal; Unsure on RGGI Exit
- Pennsylvania Gov. Shapiro endorsed a statewide carbon-trading market and seems skeptical of the regional RGGI market
- Shapiro endorsed pending legislation for a Pennsylvania carbon-capping market with proceeds funding rebates and renewable projects
- Shapiro announced a new 50% renewable energy standard for Pennsylvania, the first update in over 20 years
- The pending legislation would remove Pennsylvania from the RGGI regional carbon market
- Conservation groups praised the renewable standard but expressed concern about fully exiting RGGI