GREENHOUSE GAS PACT WILL CUT MD. CO2 EMISSIONS AND CUT ELECTRIC BILLS, SAYS UM STUDY
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If, as planned, Maryland joins a regional compact designed to cut greenhouse gas emissions, it will have a modest positive environmental impact and will not translate into higher bills for electric customers, according to a new study from the University of Maryland's Center for Integrative Environmental Research (CIER).
The study is the first to look at the economic and environmental effects of having a heavy coal-based electric generation state like Maryland join the Regional Greenhouse Gas Initiative (RGGI), a cooperative agreement among Northeastern and Mid-Atlantic states designed to reduce emissions of carbon dioxide (CO2). The researchers say that in the absence of a national policy, the findings suggest that a regional, multi-state approach could help limit carbon emissions.