The Senate of Pennsylvania recently approved legislation that would repeal Pennsylvania’s participation in the Regional Greenhouse Gas Initiative (RGGI). Senate Bill 1068, sponsored by Senator Gene Yaw, was approved by the Senate in a vote of 33-17.
RGGI is a multi-state compact in which participating states require fossil fuel power plants to purchase allowances for each ton of carbon dioxide released through its energy production. The proceeds from these allowances would be used by states to fund programs that reduce the impact of greenhouse gas emissions. Opponents of the program say that it is effectively a tax on energy producers which will lead to an overall increase in electricity costs for consumers.
Senate Bill 1068 is now before the Pennsylvania House of Representatives for consideration.
About the Harrisburg Regional Chamber & CREDC
For 140 years, the Harrisburg Regional Chamber & CREDC has served as the region’s catalyst for economic prosperity. The organization combines business, community, and economic development services to enhance the region’s vitality and livability. The Chamber is a five-star accredited chamber through the U.S. Chamber of Commerce—a distinction held by fewer than 1 percent of chambers nationwide. CREDC is the Certified Economic Development Organization for Cumberland, Dauphin and Perry counties
The Capital Region Economic Development Corporation (CREDC) is the economic development arm of the Harrisburg Regional Chamber and the Certified Economic Development Organization (CEDO) approved by the Commonwealth’s Department of Community and Economic Development to perform economic development activities using Pennsylvania’s funding programs in Cumberland, Dauphin, and Perry counties.
