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Regional Greenhouse Gas Initiative Climate Change and Rhode Island Rhode Island Greenhouse Gas Project Public Notice re: Proposed CO2 Trading Rules (RGGI) Presentation from the January 24, 2008 Meeting Stakeholders' Roster		Rhode Island Regional Greenhouse Gas Initiative Regulation Stakeholder Process The Rhode Island Department of Environmental Management has formed a Stakeholder process to receive input to regulations for implementation of the Regional Greenhouse Gas Initiative (RGGI) in Rhode Island prior to the formal regulation adoption process. Rhode Island committed to participate in the RGGI when Governor Carcieri signed the RGGI Memorandum of Understanding with the governors of the other participating states in the Northeast and Mid Atlantic region. RGGI is a cooperative effort by Northeastern and Mid-Atlantic states to reduce carbon dioxide (CO2) emissions from large fossil fuel-fired electric power plants to help address climate change. Central to this initiative is the implementation of a multi-state cap-and-trade program with a market-based emissions trading system. The proposed program requires electric power generators in participating states to reduce CO2 emissions. The Implementation of the Regional Greenhouse Gas Initiative Act, codified at Chapter 23-82 of the Rhode Island General Laws, directs the Department of Environmental Management to develop regulations for Rhode Island's participation in RGGI. The Department has developed draft regulations for the cap-and-trade provisions of RGGI and for the distribution of allowances. The RGGI process began in 2003 when the governors of seven states signed a memorandum of understanding (MOU) in December 2005. Rhode Island and Massachusetts joined in early 2007. Maryland joined in April 2007. To be added to RI's RGGI Stakeholder list, please send your name and contact details to janet.keller@dem.ri.gov. Meeting Date     24 January 2008 Agenda   7 February 2008     21 February 2008     Other RGGI states web sites are: Connecticut - www.ct.gov/dep/cwp/view.asp?a=2684&q=332278&depNav_GID=1619 Delaware - www.dnrec.delaware.gov/Climate+change+RGGI.htm Massachusetts - DEP - www.mass.gov/dep/air/climate/index.htm#rggi Massachusetts - DOER - www.mass.gov/doer/rggi/index.htm Maryland - www.mde.state.md.us/air/rggi.asp Maine - www.maine.gov/dep/air/greenhouse/rggi.htm New Hampshire - www.des.state.nh.us/ARD/ClimateChange/rggi.htm New Jersey - Pending New York - DEP - www.dec.ny.gov/energy/rggi.html New York - DEC - www.nyserda.org/RGGI/default.asp Vermont PSB - www.state.vt.us/psb/document/RGGI/rggi.htm

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