Maryland Governor Martin O’Malley (D) took another swipe this week at his bête noire Chris Christie the Republican Governor of New Jersey. O’Malley slammed Christie for withdrawing New Jersey from the Regional Greenhouse Gas Initiative, a multistate cap and trade compact with the ostensible goal of reducing greenhouse gas emissions.
Under RGGI power producers buy emission allowances at auction to power, states then use the proceeds to subsidize renewable energy and efficiency programs. Utilities pass on costs to ratepayers
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