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RGGI Form MV-1 3A - Attestations Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny

RGGI Form MV-1 3A - Attestations Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny 2025

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The document is a certification form (MV-1.3A) for offset projects, where the Project Sponsor attests to the compliance of CO2 offset allowances with applicable regulations. It includes a declaration of truthfulness regarding the submitted information and acknowledges potential legal penalties for false statements. The form requires the Project Sponsor's signature, date, printed name, title, and organization.

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Who benefits from RGGI?

Programs funded with RGGI investments have benefited local businesses, low-income communities, industrial facilities, and households throughout the region.

How effective is the RGGI?

What impact has the Regional Greenhouse Gas Initiative had? 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.

Has the RGGI been successful?

RGGI has been successful in reducing emissions and boosting investments in clean energy.

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.

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.

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 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.

How much has RGGI reduced emissions?

Since 2005, the RGGI- 10 states1 have reduced annual power sector emissions 50%, which is almost 50% faster than the nation as a whole, and have so far raised over $8.6 billion to invest into local communities. How Does RGGI Work?

RGGI Form MV-1 3A - Attestations Regional Greenhouse Gas Initiative Eligible Offset Form - dec ny 2025

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