New Analysis: RGGI Will Cut Consumer Energy Costs and Increase Federal Investments in PA - Seite 2

"This new analysis indicates that the rate impacts from Pennsylvania's participation in RGGI are minimal relative to the fossil-fuel driven price volatility that is already raising household energy bills in the Commonwealth-a full nine percent increase from 2021 to 2022," said Jason Frost, Synapse Energy Economics senior associate. "Through investing RGGI funds in equitable clean energy investments, Pennsylvania can meet Gov. Shapiro's climate goals and save consumers money-all while bringing in significant additional federal investment and maintaining economic competitiveness by deploying low-cost clean energy."

The report comes as Gov. Shapiro's stakeholder working group considers the impacts of RGGI on electric ratepayers and prepares recommendations to the Governor regarding RGGI and other energy policies. Pennsylvania currently exports the most electricity of any state in the country-and is responsible for the third-highest power sector emissions. Withdrawing from RGGI would not only prevent the state from cutting these emissions and reaching the goals set by Gov. Shapiro but would also forgo federal funding that would directly benefit Pennsylvania's economy and communities.

By fully participating in RGGI, the Commonwealth has the opportunity to foster an equitable clean energy economy with millions of federal funding, lower greenhouse gas emissions, and maintain economic competitiveness across the region.

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Evergreen Collaborative is leading the fight to put climate action at the top of America's agenda. Since our founding in 2020, Evergreen has successfully influenced the national climate policy landscape by pairing bold policy products with campaign-style communications and advocacy tactics. We marry movement partnerships with direct engagement with decision-makers to deliver the greatest possible impact as fast as possible. Learn more at evergreenaction.com.

Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world's greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit ceres.org and follow @CeresNews.

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