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Another RGGI Raid? New York State Senate Proposes Pulling $138 million from the RGGI Fund

Law Columbia

million in auction proceeds that have been collected since the program was launched in 2008. The amount that the Senate has proposed diverting from the RGGI fund for FY 2017 is more than 80% of the total value of RGGI auction proceeds earned by New York in FY 2016 (which totaled approximately $166 million ).

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Nuclear Plant Closures And Renewables Increase Electricity Prices & Unreliability, Testifies Michael Shellenberger to U.S. Senate

Environmental Progress

4] Meanwhile, many experts see in recent trends an inevitable transition away from coal and nuclear power plants, designed to function as baseload capacity, toward variable renewable energy sources with just-in-time natural gas back-up. gigawatts of highly-reliable, low-cost, and low-carbon power. [49] 5] The U.S.