On Tuesday, nine Northeastern and Mid-Atlantic states participating in the Transportation Climate Initiative – notably not yet including New York – announced that they:
will design a regional low-carbon transportation policy proposal that would cap and reduce carbon emissions from the combustion of transportation fuels through a cap-and-invest program or other pricing mechanism.
It’s a major development. Electric sector emissions have dropped substantially in recent years and now account for less than half the GHG emissions resulting from transportation. … More