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RGGI Form CA-1 3B - Attestations Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny

RGGI Form CA-1 3B - Attestations Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny 2025

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The document is a Consistency Application Form CA-1.3B, where the Project Sponsor certifies various attestations regarding an offset project. It confirms that the project is not mandated by any laws, has not received credits from other greenhouse gas programs, and has not been funded by specific incentive programs. The sponsor asserts compliance with CO2 Budget Trading Program requirements and acknowledges legal penalties for false statements.

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Is RGGI a cap-and-trade program?

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.

What are RGGI states?

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.

What is California cap-and-trade?

Cap-and-Trade Overview The California Air Resources Board (CARB)s Cap-and-Trade Program takes that approach: it set a statewide greenhouse gas emissions cap, and each year it will lower the cap until California reaches its emissions reduction goals.

Is California cap-and-trade the same as RGGI?

California cap and trade Unlike RGGI, which covers only the power sector, Californias cap-and-trade program covers virtually the entire state economy.

What does RGGI cover?

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.

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.

Is emissions trading system the same as cap-and-trade?

Emissions trading programs are sometimes referred to as cap and trade, cap and invest, allowance trading, or market-based emissions reduction programs. Two key components of emissions trading programs are the emissions cap on pollution and the tradable allowances.

RGGI Form CA-1 3B - Attestations Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny 2025

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