The Regional Greenhouse Gas Initiative By Anna Goldstone, 17 What is it? The Regional Greenhouse Gas Initiative is a market-based program to reduce greenhouse gas emissions. RGGI is an agreement between states in order to reduce 30% of carbon emissions, from 2020 through 2030. This program is implemented in the following states: NY, NJ, ME, MA, CT, NH, DE, MD, RI, VT, and VA. Pennsylvania is in the process of trying to get the initiative across the state, and Gov. Tom Wolf is using his executive powers to implement RGGI by the start of 2022. In January 2021, Wolf signed an executive order setting climate goals to reduce carbon emissions by 26% by 2025, 80% by 2050. The initiative’s goals are planned to be achieved by capping the amount of CO2 emissions from the states’ electric power plants. Since the regional cap is the most important, individual states are selling or auctioning off their CO2 emissions allowances. The majority of CO2 emissions are auctioned and the money is used to