Northeast And Mid-Atlantic Governors Lauded For Announcement On Transportation And Climate
BOSTON and BONN,
The announcement by
All of the states in question have years of experience with what is known as the "cap-and-invest" model through the Regional Greenhouse Gas Initiative (RGGI) for power plant emissions. In the eight years since RGGI arrived on the scene, carbon pollution from power plants has fallen by 40 percent, while the program has simultaneously saved consumers money, increased economic growth, created jobs and improved public health.
One possible path for the Northeast and Mid-Atlantic states would be to adopt a program similar to RGGI for an upgraded and cleaner transportation system. The cap-and-invest model would provide funding and incentives to: accelerate adoption of electric cars, trucks and buses; expand public transit and ride sharing; and build walkable, bikable and transit-oriented communities accessible to all residents. These solutions can mean fewer delays, safer travel, reduced health and climate impacts … and, just as importantly, more jobs and a more equitable transportation system that benefits everyone, including those who need help the most. It is estimated that a RGGI-like approach would cut transportation climate pollution by 40 percent, create more than 100,000 new jobs and put
Statements from the nine groups follow:
"As a network of businesses committed to promoting clean energy, the Ceres BICEP network applauds the decision by the seven governors and the Mayor of the
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