States in CO2 pact eye trees, methane at dumps
Environmental News NetworkPosted: March 24th, 2006 by Thomas L. Knapp
“Power plants in the U.S. Northeast who may face rules to cut carbon dioxide emissions could be allowed to save costs by methods such as planting trees and tapping landfills for methane, according to a draft plan by Northeastern states who have signed the country’s first regional greenhouse gas plan. Seven states signed the plan in December to create a cap and trade CO2 emissions market called the Regional Greenhouse Gas Initiative. The states — New York, New Jersey, Vermont, New Hampshire, Maine, Connecticut and Delaware — hope to cap emissions from power plants at 1990 levels of about 121 million tons of CO2 through 2014 and then reduce it 10 percent below that level in 2018. The 2018 target released Thursday is two years quicker than the RGGI had previously planned.” (03/24/06)
