New York is among nine states already cutting greenhouse gases from power plants that say proposed federal guidelines for future national reductions are welcome.
The Regional Greenhouse Gas Initiative, which sets pollution caps and requires using or buying credits to exceed them, says its states collectively have reduced carbon dioxide emissions from electrical generation by 40 percent since 2005.
However, the federal target by 2030 is another 44 percent cut for New York, based on 2012 pollution levels.
The Regional Greenhouse Gas Initiative is a collaborative effort of nine Northeast and mid-Atlantic states to lower greenhouse emissions. Changes in the program have been announced that are intended to further reduce CO2 emissions and restrict the number of allowances that are sold during the program’s auctions.