vt-26P003: Proposed Amendments to the Vermont CO2 Budget Trading Program Rule.
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The proposed rule amends the Vermont CO2 Budget Trading Program Rule which implements the Regional Greenhouse Gas Initiative (RGGI) in Vermont. The amendments reflect revisions to the RGGI Model Rule agreed to by participating states (CT, DE, ME, MD, MA, NH, NJ, NY, RI, and VT) during the most recent program review. Most notably, the proposed amendments reduce the regional carbon dioxide (CO2) emissions cap in 2027 to 69.8 million tons of CO2 from 75.7 million tons under the previous rule. Then, from 2034 through 2037, the cap will decline by 2.4 million tons of CO2 annually. The proposed a...
The agency’s own summary, as published.
Rulemaking docket
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