New England Greenhouse Gas Initiative A Billion-Dollar Economic and Environmental Success

A new economic study released today by the Analysis Group on the Northeast and Mid-Atlantic Regional Greenhouse Gas Initiative (RGGI) reports how the regional cap and trade program that includes nine states has generated $1.3 billion in economic value for the region and $460 million in savings for consumers between 2012 and 2014. Combining these newly calculated benefits to the value added by the RGGI program during 2009-2011, the total economic value added since 2009 is nearly $3 billion and the savings for consumers surpassed $1.5 billion.


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