30% of natural gas production prices is the carbon tax assessed by RGGI. All generators producing into the market get a 30% bump up price from RGGI.
ISO-NE Statement below
Efficiency Maine Trust receives RGGI revenues in addition to many other revenues.
EMT sells claimed electricity savings into the Forward Capacity Market (FCM)
EMT receives $41 million dollars from RGGI and receives $4.8 million from the claimed savings, so the ratepayer doesn't even receive the money from saving electricity.
The State of Maine voluntarily chooses to assess carbon taxes onto ratepayers.
Maine Chooses to Pay a Carbon Tax and It Costs Millions
by Dan McKay
12 hours ago
30% of natural gas production prices is the carbon tax assessed by RGGI. All generators producing into the market get a 30% bump up price from RGGI.
ISO-NE Statement below
Efficiency Maine Trust receives RGGI revenues in addition to many other revenues.
EMT sells claimed electricity savings into the Forward Capacity Market (FCM)
EMT receives $41 million dollars from RGGI and receives $4.8 million from the claimed savings, so the ratepayer doesn't even receive the money from saving electricity.
The State of Maine voluntarily chooses to assess carbon taxes onto ratepayers.
30% of supply costs are from RGGI!!