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

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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.
Programs funded with RGGI investments have benefited local businesses, low-income communities, industrial facilities, and households throughout the region.
The Regional Greenhouse Gas Initiative (RGGI) is a regional emissions reduction initiative aimed at reducing CO2 emissions, which contribute to climate change, from power plants in the region. The region includes 11 states in the northeast that all agree to participate in reducing CO2 emissions through the initiative.
The EU ETS cap is expressed in emission allowances with one allowance giving right to emit one tonne of CO2 eq (i.e., carbon dioxide equivalent). Allowances are sold in auctions and may be traded. As the cap decreases, so does the supply of allowances to the EU carbon market.
A RGGI CO2 offset allowance represents a project-based greenhouse gas emission reduction outside of the capped electric power generation sector.
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