Another RGGI Raid? New York State Senate Proposes Pulling $138 million from the RGGI Fund
Law Columbia
MARCH 25, 2016
These diversions are inconsistent with New York State regulations aimed at ensuring the proceeds of the auctions would be spent on new programs to further reduce greenhouse gas emissions. If the Senate proposal is approved, the diversions will total $269 million—nearly 30% of the $925.8
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