Full Title: Regional Investment of RGGI CO2 Allowance Proceeds, 2012
Author(s): The Regional Greenhouse Gas Initiative
Publisher(s): The Regional Greenhouse Gas Initiative
Publication Date: February 1, 2014
Full Text: Download Resource
Description (excerpt):
Investments of Regional Greenhouse Gas Initiative (RGGI) auction proceeds to date 1 are projected to return more than $2 billion in lifetime energy bill savings to more than 3 million participating households and more than 12,000 businesses in the region. These programs are projected to offset the need for approximately 8.5 million megawatt hours (MWh) 2 of electricity generation, save more than 37 million mmBTU of fossil fuels, and avoid the release of approximately 8 million short tons of carbon dioxide (CO2) pollution into the atmosphere over their lifetime.