September 6, 2018

New Jersey, Virginia Move to Join Regional Carbon Trading in 2020

Nicholas Institute for Environmental Policy Solutions

New Jersey and Virginia are on track to join the Northeast’s carbon trading program in 2020, with final rules expected to be released later this year and adopted in 2019. Bloomberg reports that both states are in discussions with the Regional Greenhouse Gas Initiative on the details of linking up with the nine-state cap-and-trade program, state environmental regulators said Sept. 6 at a conference sponsored by the Nicholas Institute for Environmental Policy Solutions at Duke University, the Georgetown Climate Center at Georgetown Law in Washington, and Resources for the Future.