Now Paterson Pisses Off Environmentalists!

2009_03_springpower.jpg Today's "who has Governor Paterson upset now" story is in the NY Times, which details how the governor "agreed to reconsider a key rule New York adopted as part of a 10-state pact aimed at reducing the threat of global warming by cutting power plant emissions...at the urging of the energy industry." (Okay, so he hasn't pissed off the energy concerns.) The pact is the Regional Greenhouse Gas Initiative, which calls itself the "first mandatory, market-based effort in the United States to reduce greenhouse gas emissions," with participating states promising to "cap and then reduce CO2 emissions from the power sector 10% by 2018." According to the Times, Paterson's "reconsideration" would allow power plants to have more leeway in releasing emissions without cost. While his staff says the governor was thinking about the energy industry being, potentially, "unfairly" burdened, what also bothers environmental groups is that they only found out about Paterson's about-face this week when he apparently told the energy industry about this last fall.

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RGGI is already in implementation and has held at least 2 auctions for CO2 emission credits. Those auctions were priced based on the assumption that the States would meet the obligations they agreed to. One state relaxing the program at this point in time would be a disaster.

Can't wait for starrygordon to post that this is nothing but yet another media-fabricated slur against his beloved Gov Paterson, all being eagerly eaten up by us poor, benighted fools.

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