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RGGI Form CA-1 1D - Coversheet Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny

RGGI Form CA-1 1D - Coversheet Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny 2025

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The document outlines the requirements for submitting a Consistency Application related to an Offset Project, specifically in the Building Sector Energy Efficiency. It includes a coversheet and lists various forms that must be completed and submitted, such as general information, attestations, project descriptions, and verification plans.

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How does RGGI define an allowance?

A RGGI CO2 offset allowance represents a project-based greenhouse gas emission reduction outside of the capped electric power generation sector.

What is the regional greenhouse gas initiative RGGI model rule?

RGGI is a cooperative effort between participating states. Each state establishes an individual CO budget trading program based on the RGGI Model Rule. Covered sources in each participating state can surrender allowances issued by any participating state for compliance and participating states use joint auctions.

How does the greenhouse effect work step by step?

Increased greenhouse effect Step 1: Solar radiation reaches the Earths atmosphere - and some of this is reflected back into space. Step 2: The rest of the suns energy is absorbed by the land and the oceans, heating the Earth. Step 3: Heat radiates from Earth towards space.

How does the RGGI work?

RGGI is a market-based cap-and-invest initiative. Within the RGGI states, regulated power plants must acquire one RGGI CO2 allowance for every short ton of CO2 they emit. The RGGI states distribute allowances at quarterly auctions, where they can be purchased by power plants and other entities.

How does RGGI work?

How Does RGGI Work? RGGI is a market-based cap-and-invest initiative. Within the RGGI states, regulated power plants must acquire one RGGI CO2 allowance for every short ton of CO2 they emit. The RGGI states distribute allowances at quarterly auctions, where they can be purchased by power plants and other entities.

Is RGGI a cap-and-trade?

The Regional Greenhouse Gas Initiative (RGGI) is the first mandatory cap-and-trade program in the United States to limit carbon dioxide from the power sector.

How successful is RGGI?

RGGI has been successful in reducing emissions and boosting investments in clean energy. The 11 states participating in RGGI have seen their fossil fuel emissions drop 90 percent faster than anywhere else in the country.

Who does RGGI apply to?

The Regional Greenhouse Gas Initiative (RGGI) is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont to cap and reduce power sector CO2 emissions.

RGGI Form CA-1 1D - Coversheet Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny 2025

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