TOMB: Latest RGGI Lawsuit Highlights Increases in Electricity Prices
5 hours ago Guest Blogger 14 Comments
by Gordon Tomb
Already struggling to cope with higher energy bills, Pennsylvanians are now experiencing double-digit rate hikes this fall. In September, some suppliers increased electricity prices another 19 percent, citing inflation and energy costs. Pennsylvanians need relief, but Gov. Tom Wolf’s unilateral action will drive energy bills even higher. Worse yet, a new lawsuit highlights how Wolf’s plan—while claiming to help the environment—will, in reality, increase emissions.
Despite a majority opposition from the state legislature, Wolf is forcing Pennsylvania to participate in the Regional Greenhouse Gas Initiative (RGGI)—a compact in which member states impose a carbon tax on energy production. By discouraging energy production in Pennsylvania, the carbon tax would shut down some of the most efficient coal and natural gas operations in the world, and a new lawsuit argues that the governor’s plan will lead to an increase in CO2 emissions.
The petitioners, all of whom operate gas-fired power plants in Bucks, York, and Westmoreland Counties, are among the dozens of businesses, labor unions, trade organizations, and politicians asking the court to stop Pennsylvania’s participation in RGGI.
Pennsylvania natural gas producers are among the cleanest in the world, as measured by methane emissions from their operations. Of the top nine hydrocarbon-producing basins in the United States, the Appalachian Basin, which includes Pennsylvania, emits the least methane per unit of energy produced.
https://wattsupwiththat.com/2022/10/25/tomb-latest-rggi-lawsuit-highlights-increases-in-electricity-prices/
