Pennsylvania Energy Prices Set to Skyrocket Under Regional Climate Plan
By
James Taylor -
November 17, 20200
Pennsylvanians currently enjoy energy prices that are below the national average, but that is about to change if Gov. Tom Wolf successfully overrides the state legislature and pushes Pennsylvania into the Regional Greenhouse Gas Initiative (RGGI). The public has until January 14 to submit comments on Wolf’s plan to join RGGI.
RGGI, which was formed in 2009, includes 10 states in the U.S. Northeast. Those states are Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont. Under RGGI, participating states are required to cap their carbon dioxide emissions – at an ever-tightening amount – while taxing the conventional sources that remain.
According to the U.S. Energy Information Administration, RGGI states pay approximately 50-percent higher electricity prices than the rest of the nation. And that is not a coincidence. Since RGGI formed in 2009, electricity prices in RGGI states have increased, while electricity prices in the rest of the nation have decreased.
https://climaterealism.com/2020/11/pennsylvania-energy-prices-set-to-skyrocket-under-regional-climate-plan/
