NJ in new regional effort to cap vehicle emissions

nj environment news, cars in traffic

TOM JOHNSON / NJ SPOTLIGHT – In what could amount to the most significant regional effort yet to reduce greenhouse gas emissions, 12 states have issued a draft policy framework to create a cap-and-trade program to reduce global warming pollution from vehicles.

The proposal, developed by the Transportation & Climate Initiative (TCI), is modeled somewhat after the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program that for the past decade has helped clamp down on carbon pollution from power plants.

This draft framework, while sparse in details, proposes to put a cap on emissions from the transportation sector by requiring state fuel suppliers to buy allowances, which would be auctioned off for the right to emit carbon …

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